| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| WXPZ-FM 2 LICENSE | 2014-01-01 | 55,000 | 10,885 | 480.000000000000 | 1,375 | 0 | 12,260 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,450 | 0 | 2,450 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| WXPZ LICENSE | 55,000 | 55,000 | |
| LESS: ACCUMULATED AMORTIZATION | -10,885 | -12,260 |
| Description | Amount |
|---|---|
| TRANSFER OF FIXED ASSETS | 2,061 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BAD DEBT EXPENSE | 410 | 0 | 0 | |
| AMORTIZATION | 1,375 | 0 | 0 |