| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Bakery Equipments | 2021-06-30 | 4,000 | 0 | Straightline | 5.00 | 400 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Equipment | 4,000 | 400 | 3,600 | 0 |
| Description | Amount |
|---|---|
| Depreciation of asset | 400 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS Filing for 501(c)3 Filing, and also correction | 2,500 | 0 | 0 | 0 |