| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCTG | 2,725 | 0 | 0 | 2,725 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VEHICLE | 2020-07-07 | 23,698 | 12,323 | 200DB | 19.20 % | 4,550 |
| 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 | ||
| Miscellaneous | 4,550 | 4,550 |
| Description | Amount |
|---|---|
| BOOK ADJUSTMENT | 423 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 7,869 | 7,869 | ||
| AUTO EXP | 6,902 | 6,902 | ||
| BANK CHARGES | 1,819 | 1,819 | ||
| COMMISSIONS | 22,195 | 22,195 | ||
| DUES AND SUBSCRIPTIONS | 251 | 251 | ||
| HEALTH INSURANCE | 7,452 | 7,452 | ||
| INSURANCE | 973 | 973 | ||
| POSTAGE & DELIVERY | 4,558 | 4,558 | ||
| PRODUCTION COSTS | 52,832 | 52,832 | ||
| SOFTWARE | 1,437 | 1,437 | ||
| STAFF EXPENSE | 4,397 | 4,397 | ||
| SUPPLIES | 1,895 | 1,895 | ||
| TELEPHONE | 3,963 | 3,963 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS | 3,009 | 2,066 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| BOOK SALES | 126,653 | 137,136 | -10,483 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 14,398 | 14,398 | ||
| TAXES | 15 | 15 |