| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2013 HUMMER | 2015-01-01 | 50,000 | 0 | 200DB | 5.000000000000 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Boxing Gloves | 2,000 | 2,000 | 0 | |
| Boxing Heavy Bags | 5,000 | 5,000 | 0 | |
| Headgear | 2,500 | 2,500 | 0 | |
| Speaker System | 3,400 | 3,400 | 0 | |
| Boxing Ring | 5,000 | 5,000 | 0 | |
| Floor Mats | 1,350 | 1,350 | 0 | |
| Boxing Shoes | 3,000 | 3,000 | 0 | |
| Ring Robes | 2,750 | 2,750 | 0 | |
| Speed Bags | 3,200 | 3,200 | 0 | |
| Speed Ladders | 1,250 | 1,250 | 0 | |
| Boxing Double End Bags | 4,200 | 4,200 | 0 | |
| Boxing Pads | 1,200 | 1,200 | 0 | |
| Parachutes | 800 | 800 | 0 | |
| Speed Bags | 5,000 | 5,000 | 0 | |
| Body Protectors | 3,450 | 3,450 | 0 | |
| Groin Protectors | 800 | 800 | 0 | |
| Treadmills | 5,100 | 5,100 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Rent | 26,400 | |||
| Car & Truck Expenses | 12,749 | |||
| Membership Dues | 2,570 |