| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting Fees | 10,575 | 0 | 0 | 10,575 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|---|---|---|---|---|---|---|---|---|
| 3 Editing Workstations | 2016-07-05 | 13,450 | 12,105 | SL | 5.0000 | 1,345 | |||
| Tricaster and Monitors | 2016-09-22 | 20,000 | 17,000 | SL | 5.0000 | 3,000 | |||
| Cameras, Microphones, TV | 2017-02-03 | 10,612 | 8,312 | SL | 5.0000 | 2,122 | |||
| Conference Room Furniture | 2017-06-22 | 1,646 | 823 | SL | 7.0000 | 235 | |||
| Datavideo Camera | 2018-06-07 | 14,063 | 7,267 | SL | 5.0000 | 2,813 | |||
| Computers | 2018-09-26 | 6,003 | 2,702 | SL | 5.0000 | 1,201 | |||
| 2004 Ford F150 Truck | 2019-05-10 | 5,295 | 1,765 | SL | 5.0000 | 1,059 | |||
| Camcorder | 2019-10-30 | 5,737 | 1,338 | SL | 5.0000 | 1,147 | |||
| Leasehold Improvements | 2020-10-15 | 84,926 | 4,246 | SL | 5.0000 | 16,985 | |||
| Video Encoder | 2021-03-12 | 1,990 | SL | 5.0000 | 332 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 5,295 | 2,824 | 2,471 | 2,471 |
| Furniture and Fixtures | 1,646 | 1,058 | 588 | 588 |
| Machinery and Equipment | 209,591 | 198,420 | 11,171 | 11,171 |
| Improvements | 132,477 | 68,782 | 63,695 | 63,695 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Security deposits | 3,850 | 3,850 | 3,850 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 624 | 624 | ||
| Bad Debt Expense | 40,314 | 40,314 | ||
| Bank Charges | 18 | 18 | ||
| Cable / Internet Service | 10,837 | 10,837 | ||
| Insurance | 3,826 | 3,826 | ||
| Office Expense | 7,452 | 7,452 | ||
| Outside Services | 16,723 | 16,723 | ||
| Security | 383 | 383 | ||
| Storage Fees | 4,739 | 4,739 | ||
| Studio Maintenance and Production | 5,806 | 5,806 | ||
| Telephone | 1,322 | 1,322 | ||
| Trash Disposal | 513 | 513 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Access Fees | 290,999 | 290,999 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll processing fees | 3,643 | 0 | 0 | 3,643 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal and State Taxes | 154 | 154 | ||
| Payroll Taxes | 17,397 | 17,397 |