| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 2,899 | 2,899 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FOOD TRUCK | 2021-05-26 | 20,845 | 20,845 | 200DB | 5.0000 | ||||
| REMODEL OF TRUCK | 2022-07-13 | 9,150 | 9,150 | 200DB | 5.0000 | ||||
| TRUCK IMPROVEMENTS | 2023-02-23 | 4,200 | 200DB | 5.0000 | 3,654 | ||||
| APPLIANCES | 2023-12-01 | 43,798 | 200DB | 7.0000 | 35,351 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 77,993 | 69,000 | 8,993 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSIT - COMMERCIAL KITCHE | 2,550 | 8,008 | |
| SECURITY DEPOSIT - UTILITIES | 610 | ||
| UNDEPOSITED FUNDS | 803 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| SUPPLIES | 676 | 676 | ||
| ADVERTISING | 998 | 998 | ||
| BANK CHARGES & FEES | 106 | 106 | ||
| SQUARE/VENMO FEES | 254 | 254 | ||
| DUES & SUBSCRIPTIONS | 1,050 | 1,050 | ||
| INSURANCE | 9,445 | 9,445 | ||
| OTHER BUSINESS EXPENSES | 11 | 11 | ||
| PAYPAL FEES | 46 | 46 | ||
| BAKING SUPPLIES | 3,944 | 3,944 | ||
| INGREDIENTS | 14,121 | 14,121 | ||
| PACKAGING | 1,698 | 1,698 | ||
| CONTRACTORS | 75,044 | 75,044 | ||
| AUTO | 2,348 | 2,348 | ||
| INTERNET | 1,139 | 1,139 | ||
| DELIVERY DRIVER | 150 | 150 | ||
| QUICKBOOKS | 107 | 107 | ||
| BOOTH FEE | 321 | 321 | ||
| REPAIRS & MAINTENANCE | 535 | 535 | ||
| MEALS | 275 | 275 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CASHBACK REWARDS | 42 | 42 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD LIABILITY | 267 | 527 |
| SALES TAX LIABILITY | 703 | 1,327 |
| PAYROLL TAX LIABILITY | 271 | 955 |
| OTHER TAXES | 588 | |
| TIPS | 130 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES & LICENSES | 1,959 | 1,959 |