| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,500 | 1,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2014-05-31 | 1,578 | 1,578 | S/L | 5.0000 | ||||
| LAPTOP COMPUTER | 2018-04-10 | 1,795 | 1,706 | S/L | 5.0000 | 89 | |||
| DESKTOP COMPUTER | 2018-06-15 | 1,959 | 1,795 | S/L | 5.0000 | 164 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 5,332 | 5,332 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 619 | 619 | ||
| AUTHOR FEES & EDITITORIAL | 14,357 | 14,357 | ||
| VEHICLE | 63 | 63 | ||
| READINGS , RECEPTIONS AND PRE | 8,531 | 8,531 | ||
| BANK FEES | 219 | 219 | ||
| TELEPHONE | ||||
| OFFICE SUPPLIES AND POSTAGE | 323 | 323 | ||
| MEAL AND ENTERTAINMENT | 9,678 | 9,678 | ||
| BUSINESS GIFTS | ||||
| DUES AND SUBSCRIPTIONS | 406 | 406 | ||
| REPAIRS AND MAINTENANCE | ||||
| INSURANCE | 839 | 839 | ||
| OTHER MISCELLEANOUS | ||||
| FINANCE CHARGES | ||||
| LEGAL FEES | ||||
| NJ ANNUAL REPORT | 33 | 33 | ||
| UTILITIES | 1,831 | 1,831 | ||
| PUBLICATION PRODUCTION & DIST | 2,282 | 2,282 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD BALANCE | 405 | 2,712 |
| OFFICER LOAN | 26,152 | 11,495 |