| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 4,517 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAPTOPS (5) | 2020-04-01 | 8,975 | 3,526 | S/L | 7.0000 | 1,282 | |||
| SERVER | 2020-04-01 | 3,575 | 1,404 | S/L | 7.0000 | 511 | |||
| ECHO MACHINE | 2020-04-28 | 45,413 | 12,110 | S/L | 10.0000 | 4,542 | |||
| 2020 FORD VAN | 2020-09-02 | 50,024 | 23,040 | S/L | 5.0000 | 5,760 | |||
| EKG MACHINE | 2020-11-17 | 6,378 | 1,329 | S/L | 10.0000 | 638 | |||
| LAPTOPS (2) | 2020-08-15 | 3,210 | 1,108 | S/L | 7.0000 | 459 | |||
| 3 PACKAGE CARTS | 2022-11-10 | 8,683 | 289 | S/L | 5.0000 | 1,737 | |||
| ULTRASOUND ECHO | 2022-12-02 | 87,480 | 729 | S/L | 10.0000 | 8,748 | |||
| 2022 FORD 250 SUPER DUTY | 2023-01-01 | 91,273 | 200DB | 5.0000 | |||||
| TRAILER | 2023-10-06 | 7,652 | 200DB | 5.0000 | 383 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| 2020 FORD VAN | 2020-09 | PURCHASE | 2023-09 | 46,500 | 50,024 | 25,276 | 28,800 | |||
| 2022 FORD 250 SUPER DUTY | 2023-01 | PURCHASE | 2023-08 | 79,879 | 91,273 | -11,394 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 171,366 | 38,795 | 132,571 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 2,196 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING | ||||
| BANK FEES | 1,901 | 1,901 | ||
| COMPUTER AND INTERNET | 18,165 | 18,165 | ||
| CONTRACTOR | 2,400 | 2,400 | ||
| DUES & SUBSCRIPTIONS | 678 | 678 | ||
| INSURANCE | 15,483 | 15,483 | ||
| MEALS AND ENTERTAINMENT | 1,305 | 1,305 | ||
| MEETINGS AND SEMINARS | 60 | 60 | ||
| OFFICE EXPENSES | 4,357 | 4,357 | ||
| PAYROLL SERVICE FEES | 621 | 621 | ||
| RENTS | 16,404 | 16,404 | ||
| REPAIRS | 1,359 | 1,359 | ||
| SECURITY | 389 | 389 | ||
| SUPPLIES | 2,358 | 2,358 | ||
| UTILITIES | 3,505 | 3,505 | ||
| TRAVEL | 383 | 383 | ||
| VEHICLE EXPENSES | 1,610 | 1,610 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD | 5,104 | 12,979 |
| N/P DR. JONES | 14,926 | 2,630 |
| DUE TO MCKESSON | 81,738 | 73,218 |
| DUE TO GPC | 2,465 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 4,294 | |||
| LICENSE & PERMITS | 61 |