| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Ford Ranger | 2023-08-09 | 3,500 | 200DB | 20.00 % | 700 | ||||
| Vat Processing System | 2023-09-01 | 1,410 | 200DB | 20.00 % | 282 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 3,500 | 700 | 2,800 | 3,500 |
| Machinery and Equipment | 1,410 | 282 | 1,128 | 1,410 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising/Networking | 173 | 173 | ||
| Bank Fees | 15 | 15 | ||
| Food for workers | 19 | 19 | ||
| Gas | 637 | 637 | ||
| Insurance | 419 | 419 | ||
| Office Expense | 37 | 37 | ||
| Parking | 2 | 2 | ||
| Postage | 29 | 29 | ||
| Production Costs | 2,890 | 2,890 | ||
| Vehicle Repairs | 1,607 | 1,607 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Vehicle Taxes | 253 | 253 |