| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2017-11-10 | 124,000 | |||||||
| BUILDING | 2017-11-10 | 496,000 | 39,744 | S/L | 39.0000 | 12,718 | |||
| VEHICLE HEARSE | 2019-07-01 | 19,480 | 19,480 | 200DB | 5.0000 | ||||
| FURNITURE & EQUIPMENT | 2016-10-01 | 21,990 | 19,231 | 200DB | 7.0000 | 1,103 | |||
| FUNERAL LIMOSINE | 2016-12-06 | 6,955 | 6,154 | 200DB | 5.0000 | 200 | |||
| TOYOTA SIENNA | 2016-09-27 | 32,588 | 25,990 | 200DB | 5.0000 | 938 | |||
| HONDA ODYSSEY | 2020-05-11 | 16,680 | 16,680 | 200DB | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 593,693 | 142,237 | 451,456 | 451,456 | |
| 124,000 | 124,000 | 124,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 2,900 | 2,900 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER CURRENT ASSETS | 7,619 | 7,619 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FUNERAL SERVICE EXPENSE | 190,133 | 190,133 | ||
| AUTO EXPENSE | 4,472 | 4,472 | ||
| REPAIRS AND MAINTENANCE | 13,962 | 13,962 | ||
| CONTRACT LABOR | 276,807 | 276,807 | ||
| INSURANCE | 9,672 | 9,672 | ||
| INFORMATION TECHNOLOGY | 532 | 532 | ||
| MISCELLANEOUS | 26,041 | 26,041 | ||
| MARKETING AND ADVERTISTING | 7,223 | 7,223 | ||
| BANK/MERCHANT FEES | 2,307 | 2,307 | ||
| DUES & SUBSCRIPTIONS | ||||
| TELEPHONE/COMMUNICATIONS | 1,051 | 1,051 | ||
| FREIGHT & DELIVERY | 8,742 | 8,742 | ||
| CREDIT CARD PROCESSING FEE | 5,369 | 5,369 | ||
| FURNITURE AND DECOR | -49 | -49 | ||
| WEBSITE | 120 | 120 | ||
| UTILITIES | 11,481 | 11,481 | ||
| POLICE ESCORT | 9,185 | 9,185 | ||
| GRAVE EXPENSE | 400 | 400 | ||
| AIR TRANSPORTATION | 925 | 925 | ||
| EQUIPMENT RENTAL | 563 | 563 | ||
| CONTRACT LABOR - ADMIN | 860 | 860 | ||
| POSTAGE AND MAILING | 133 | 133 | ||
| SERVICE REFUND | 4,695 | 4,695 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FUNERAL SERVICE INCOME | 687,267 | 687,267 |
| Description | Amount |
|---|---|
| OTHER INCREASES | 19,822 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PR TAX LIABILITY | 1,011 | 2,381 |
| SBA EIDG LOAN | 4,000 | 4,000 |
| PNC - VISA | 2,717 |