| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMMUNICATIONS EQUIPMENT | 2004-01-01 | 141,111 | 141,111 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SOFTWARE | 2005-12-01 | 1,620 | 1,620 | 200DB | 3.000000000000 | 0 | 0 | 0 | |
| MODULE | 2014-10-10 | 3,220 | 3,220 | SL | 5.000000000000 | 0 | 0 | 0 | |
| SATELLITE RECEIVER XDS-PROQ | 2016-07-01 | 1,000 | 1,000 | SL | 5.000000000000 | 0 | 0 | 0 | |
| GATESAIR FLEXIVA 3KW FM TRANSMITTER AND EXCITER | 2017-06-07 | 13,706 | 13,706 | SL | 5.000000000000 | 0 | 0 | 0 | |
| EQUIPMENT | 2018-04-16 | 7,161 | 6,683 | SL | 5.000000000000 | 478 | 0 | 478 | |
| EQUIPMENT | 2018-07-24 | 4,467 | 3,944 | SL | 5.000000000000 | 523 | 0 | 523 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMMUNICATIONS EQUIPMENT | 141,111 | 141,111 | 0 | |
| SOFTWARE | 1,620 | 1,620 | 0 | |
| MODULE | 3,220 | 3,220 | 0 | |
| SATELLITE RECEIVER XDS-PROQ | 1,000 | 1,000 | 0 | |
| GATESAIR FLEXIVA 3KW FM TRANSMITTER AND EXCITER | 13,706 | 13,706 | 0 | |
| EQUIPMENT | 7,161 | 7,161 | 0 | |
| EQUIPMENT | 4,467 | 4,467 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 30 | 0 | 0 | 0 |
| BROADCAST EQUIPMENT | 292 | 0 | 0 | 0 |
| INSURANCE | 4,677 | 0 | 0 | 0 |
| INTERNET FEES | 732 | 0 | 0 | 0 |
| MUSIC FEES | 1,697 | 0 | 0 | 0 |
| PAYROLL TAX EXPENSE | 2,080 | 0 | 0 | 0 |
| MAIL & POSTAGE | 212 | 0 | 0 | 0 |
| OFFICE SUPPLIES | 1,765 | 0 | 0 | 0 |
| MEMBERSHIPS AND DUES | 160 | 0 | 0 | 0 |
| FEES | 200 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| STATE WITHHOLDING PAYABLE | 554 | 591 |
| FEDERAL WITHHOLDING PAYABLE | 1,463 | 1,834 |
| Name | Address |
|---|---|
| AARON ACKER |
404 SEQUOYA DRIVE ANNISTON,AL36206 |