| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Office Furniture | 2016-02-24 | 980 | 936 | 200DB | 4.46 % | 44 | |||
| Office Furniture | 2019-01-16 | 3,182 | 2,188 | 200DB | 8.93 % | 284 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 22,500 | 22,500 | ||
| Furniture and Fixtures | 17,611 | 16,171 | 1,440 | |
| Machinery and Equipment | 87,568 | 86,961 | 607 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank charges | 550 | |||
| Dues & Subscriptions | 27,505 | |||
| Gifts | 1,165 | |||
| Health & medicine | 199 | |||
| Insurance | 2,517 | |||
| Meals & Entertainment | 1,886 | |||
| Miscellaneous | 18,002 | |||
| Office expenses | 30,382 | |||
| Postage | 134 | |||
| Vehicle expenses | 40 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other | 22,404 | ||
| Rental Income - Noninvestment Property | 48,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal & Professional | 3,088 | 0 | 0 | 0 |