| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 905 | 905 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DRONE | 2019-04-08 | 1,300 | 674 | SL/GDS | 0000000007.000000000000 | 186 | 186 | ||
| AB INFLATABLE | 2019-10-11 | 8,800 | 3,931 | SL/GDS | 0000000007.000000000000 | 1,257 | 1,257 | ||
| UNDERWATER DRONE | 2019-10-15 | 1,215 | 544 | SL/GDS | 0000000007.000000000000 | 174 | 174 | ||
| 1979 BOAT PEARSON 323 | 2021-02-24 | 4,700 | 705 | SL/GDS | 0000000010.000000000000 | 470 | 470 | ||
| AUTEL EVO2 PRO DRONE | 2022-01-25 | 1,738 | 124 | SL/GDS | 0000000007.000000000000 | 248 | 248 | ||
| CONTROLLER FOR AUTEL DRONE | 2022-04-15 | 1,199 | 86 | SL/GDS | 0000000007.000000000000 | 171 | 171 | ||
| GENERATOR | 2022-06-27 | 1,059 | 76 | SL/GDS | 0000000007.000000000000 | 151 | 151 | ||
| DISENTANGLEMENT POLES | 2022-08-11 | 1,391 | 99 | SL/GDS | 0000000007.000000000000 | 199 | 199 | ||
| DIVING EQUIPMENT | 2022-08-24 | 724 | 52 | SL/GDS | 0000000007.000000000000 | 103 | 103 | ||
| DIVE GEAR | 2022-08-29 | 1,024 | 73 | SL/GDS | 0000000007.000000000000 | 146 | 146 | ||
| UNDERWATER CAMERA | 2022-09-01 | 3,535 | 252 | SL/GDS | 0000000007.000000000000 | 505 | 505 | ||
| LAPTOP | 2022-09-06 | 567 | 57 | SL/GDS | 0000000005.000000000000 | 113 | 113 | ||
| SATELLITE DISH AND EQUIPMENT | 2022-09-19 | 595 | 42 | SL/GDS | 0000000007.000000000000 | 85 | 85 | ||
| DODGE RAM 2500 | 2022-06-21 | 70,060 | 7,006 | SL/GDS | 0000000005.000000000000 | 14,012 | 14,012 | ||
| TRUCK TOPPER RAM 2500 | 2022-06-29 | 5,958 | 425 | SL/GDS | 0000000007.000000000000 | 851 | 851 | ||
| HITCHS RAM 2500 | 2022-07-20 | 2,011 | 144 | SL/GDS | 0000000007.000000000000 | 287 | 287 | ||
| 2004 DODGE DAKOTA | 2022-09-23 | 4,438 | 444 | SL/GDS | 0000000005.000000000000 | 888 | 888 | ||
| BRUNSWICK 7.5M VALIANT VESSEL | 2022-09-28 | 50,721 | 2,536 | SL/GDS | 0000000010.000000000000 | 5,072 | 5,072 | ||
| TRANSMISSION SCHOCKS DAKOTA | 2022-10-11 | 4,030 | 403 | SL/GDS | 0000000005.000000000000 | 806 | 806 | ||
| TINTING DODGE DAKOTA | 2022-11-25 | 438 | 44 | SL/GDS | 0000000005.000000000000 | 88 | 88 | ||
| RUGGED TABLET | 2023-01-24 | 669 | SL/GDS | 0000000005.000000000000 | 67 | 67 | |||
| FLATBED TRAILER | 2023-01-24 | 2,830 | SL/GDS | 0000000005.000000000000 | 283 | 283 | |||
| WATER TEST EQUIPMENT | 2023-05-15 | 1,512 | SL/GDS | 0000000007.000000000000 | 108 | 108 | |||
| DRONE FOR ANIMALS TAGS | 2023-05-26 | 50,330 | SL/GDS | 0000000007.000000000000 | 3,594 | 3,594 | |||
| DIVE EQUIPMENT A | 2023-08-15 | 867 | SL/GDS | 0000000007.000000000000 | 62 | 62 | |||
| ANIMAL RESCUE EQUIPMENT | 2023-08-15 | 7,000 | SL/GDS | 0000000007.000000000000 | 500 | 500 | |||
| DIVE EQUIPMENT B | 2023-12-17 | 4,052 | SL/GDS | 0000000007.000000000000 | 289 | 289 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| Election to Use MACRS Straight Line Method - All Property Pursuant to IRC Section 168b3D, the Taxpay | Election to Use MACRS Straight Line Method All Property Pursuant to IRC Section 168b)3)D) the Taxpayer elects to use the straight line method of depreciation in computing the deduction for all property placed in service during the current tax year. |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DRONE | 1,300 | 186 | 440 | 440 |
| AB INFLATABLE | 8,800 | 1,257 | 3,612 | 3,612 |
| UNDERWATER DRONE | 1,215 | 174 | 497 | 497 |
| AUTEL EVO2 PRO DRONE | 1,738 | 248 | 1,366 | 1,366 |
| CONTROLLER FOR AUTEL DRONE | 1,199 | 171 | 942 | 942 |
| GENERATOR | 1,059 | 151 | 832 | 832 |
| DISENTANGLEMENT POLES | 1,391 | 199 | 1,093 | 1,093 |
| DIVING EQUIPMENT | 724 | 103 | 569 | 569 |
| DIVE GEAR | 1,024 | 146 | 805 | 805 |
| UNDERWATER CAMERA | 3,535 | 505 | 2,778 | 2,778 |
| LAPTOP | 567 | 113 | 397 | 397 |
| SATELLITE DISH AND EQUIPMENT | 595 | 85 | 468 | 468 |
| TRUCK TOPPER RAM 2500 | 5,958 | 851 | 4,682 | 4,682 |
| HITCHS RAM 2500 | 2,011 | 287 | 1,580 | 1,580 |
| TRANSMISSION SCHOCKS DAKOTA | 4,030 | 806 | 2,821 | 2,821 |
| TINTING DODGE DAKOTA | 438 | 88 | 306 | 306 |
| RUGGED TABLET | 669 | 67 | 602 | 602 |
| FLATBED TRAILER | 2,830 | 283 | 2,547 | 2,547 |
| WATER TEST EQUIPMENT | 1,512 | 108 | 1,404 | 1,404 |
| DRONE FOR ANIMALS TAGS | 50,330 | 3,594 | 46,736 | 46,736 |
| DIVE EQUIPMENT A | 867 | 62 | 805 | 805 |
| ANIMAL RESCUE EQUIPMENT | 7,000 | 500 | 6,500 | 6,500 |
| DIVE EQUIPMENT B | 4,052 | 289 | 3,763 | 3,763 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 1979 BOAT PEARSON 323 | 3,995 | 3,525 | 3,525 |
| DODGE RAM 2500 | 63,054 | 49,042 | 49,042 |
| 2004 DODGE DAKOTA | 3,994 | 3,106 | 3,106 |
| BRUNSWICK 7.5M VALIANT VESSEL | 48,185 | 43,113 | 43,113 |
| Description | Amount |
|---|---|
| Equalization adjusted entry | 33,681 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 20,100 | 20,100 | ||
| BANK CHARGES FEES | 6,912 | 6,912 | ||
| EDUCATION | 95 | 95 | ||
| DUES AND SUBSCRIPTIONS | 2,253 | 2,253 | ||
| INSURANCE | 12,396 | 12,396 | ||
| MEALS | 780 | 780 | ||
| OFFICE | 5,402 | 5,402 | ||
| PARKING AND TOLLS | 709 | 709 | ||
| REPAIRS MAINTENACE | 6,785 | 6,785 | ||
| SHIPPING | 11,363 | 11,363 | ||
| SUBCONTRACTORS | 1,376,277 | 1,376,277 | ||
| SUPPLIES AND MATERIALS | 487,115 | 487,115 | ||
| VEHICLE | 8,455 | 8,455 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| BOEM CONTRACTING | 2,463,124 | 2,463,124 | |
| CONTRACT INCOME | 45,630 | 45,630 | |
| REWARDS CREDIT CARD | 89 | 89 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 17,052 | 25,001 |
| CREDIT CARDS | 933 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL PROCESSING FEES | 1,437 | 1,437 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LICENSES | 591 | 591 | ||
| PERMITS | 7,464 | 7,464 | ||
| STATE FRANCHISE TAX | 61 | 61 | ||
| VEHICLE REGISTRATION | 85 | 85 |