| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAUL WADE & ASSOCIATES, P.C. PAYROLL AND 990 | 840 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SHELVES AND RACKS | 1998-12-12 | 1,511 | 1,511 | SL | 10.000000000000 | 0 | |||
| OFFICE EQUIPMENT | 1998-12-12 | 452 | 452 | SL | 5.000000000000 | 0 | |||
| TABLES AND CHAIRS | 1998-12-12 | 449 | 449 | SL | 7.000000000000 | 0 | |||
| COMPUTER | 2005-06-15 | 1,306 | 1,306 | 200DB | 5.000000000000 | 0 | |||
| SHELVING | 2005-06-15 | 1,197 | 1,197 | 200DB | 7.000000000000 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 4,915 | 4,915 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 810 | 810 | ||
| SUPPLIES | 219 | 219 | ||
| PAYROLL TAXES | 984 | 984 | ||
| VOLUNTEER APPRE | 171 | 171 | ||
| BANK FEES | 89 | 89 | ||
| PAYPAL FEES | 290 | 290 | ||
| EQUIPMENT | 100 | |||
| ADVERTISING | 45 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Used Clothing Sales | 46,738 | 480 | 46,258 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES & LICENSES | 11 | 11 |