| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 5,394 | 1,079 | 270 | 4,045 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXUTRES | 2021-07-01 | 2,000 | 600 | SL | 20.00 % | 400 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 21,355 | 20,353 | 1,002 | |
| Machinery and Equipment | 25,946 | 25,946 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 225 | 45 | 11 | 169 |
| COMPUTER & INTERNET EXPENSES | 785 | 157 | 39 | 589 |
| FILING FEE | 100 | 20 | 5 | 75 |
| INSURANCE | 1,899 | 380 | 95 | 1,424 |
| OFFICE SUPPLIES | 450 | 90 | 23 | 337 |
| PAYPAL FEES | 6 | 1 | 5 | |
| POSTAGE | 250 | 50 | 13 | 187 |
| ROUNDING | -1 | -1 | ||
| WEBSITE COSTS | 654 | 131 | 33 | 490 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONSULTING | 2,025 | 405 | 101 | 1,519 |
| COURIER SERVICE | 377 | 75 | 19 | 283 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAX | 1,060 | 212 | 53 | 795 |
| STATE TAX | 44 | 9 | 2 | 33 |