| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Audio Visual Equip | 2009-03-30 | 4,230 | 4,230 | M5 | |||||
| Sound System | 2011-03-08 | 1,299 | 1,299 | M5 | |||||
| Furniture & Fixtur | 2010-10-22 | 1,783 | 1,783 | M7 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Audio Visual Equip | 4,230 | 4,230 | ||
| Sound System | 1,299 | 1,299 | ||
| Furniture & Fixtur | 1,783 | 1,783 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Auto Expense | 97 | 97 | ||
| Bank Charges | 195 | 195 | ||
| Dues and Subscriptions | 183 | 183 | ||
| Insurance | 2,538 | 2,538 | ||
| Internet | 1,544 | 1,544 | ||
| Merchant Account Fees | 4,025 | 4,025 | ||
| Office Expense | 1,400 | 1,400 | ||
| Outside Services | 6,117 | 6,117 | ||
| Parking & Tolls | 25 | 25 | ||
| Payroll Fees | 2,600 | 2,600 | ||
| POSTAGE | 375 | 375 | ||
| PEST CONTROL | 160 | 80 | ||
| TELEPHONE | 1,041 | 720 | ||
| TRAVEL | 4,140 | 4,140 | ||
| UTILITIES | 3,509 | 3,509 | ||
| ADVERTISING | 2,921 | 2,921 | ||
| RELIGIOUS EVENTS | 52,648 | 52,648 | ||
| LICENSES | 236 | 236 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Income | 1,400 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Credit Cards Payable | 4,888 | 5,339 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Taxes | 9,605 |