| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCTG | 3,000 | 0 | 0 | 3,000 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| WIRING/LIGHTING | 2011-06-06 | 5,163 | 4,724 | SL | 5.00 % | 439 | |||
| VEHICLE | 2020-07-07 | 23,698 | 4,740 | 200DB | 32.00 % | 7,583 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 23,698 | 12,323 | 11,375 | |
| Machinery and Equipment | 14,180 | 14,180 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL | 123 | 0 | 0 | 123 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 3,810 | 3,810 | ||
| AUTO EXP | 5,127 | 5,127 | ||
| BANK CHARGES | 1,194 | 1,194 | ||
| COMMISSIONS | 27,470 | 27,470 | ||
| DUES AND SUBSCRIPTIONS | 132 | 132 | ||
| POSTAGE & DELIVERY | 4,864 | 4,864 | ||
| SOFTWARE | 4,031 | 4,031 | ||
| STAFF EXPENSE | 3,000 | 3,000 | ||
| SUPPLIES | 3,869 | 3,869 | ||
| TELEPHONE | 3,379 | 3,379 |
| Description | Amount |
|---|---|
| BOOK ADJUSTMENT | 849 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS | 2,506 | 3,009 |
| AUTO LOAN | 4,963 | |
| Rounding | 1 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| BOOK SALES | 100,520 | 95,195 | 5,325 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 17,007 | 17,007 | ||
| TAXES | 204 | 204 |