| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 575 | 575 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 3929 WEST METAIRIE-BLDG | 2012-03-22 | 642,641 | 179,259 | SL | 2.56 % | 16,477 | 16,477 | ||
| PLAYGROUND SET | 2017-10-10 | 18,943 | 15,842 | 200DB | 8.73 % | 1,654 | 1,654 | ||
| AC UNIT | 2018-10-29 | 13,000 | 1,402 | SL | 2.56 % | 333 | 333 | ||
| SURVEILLANCE SYSTEM | 2023-10-26 | 5,000 | 200DB | 14.29 % | 715 | 715 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 77,357 | 30,749 | 46,608 | 46,608 |
| Buildings | 642,641 | 195,736 | 446,905 | 446,905 |
| Land | 125,765 | 125,765 | 125,765 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 2,000 | 2,000 | 0 | 0 |
| Item No. | 1 |
|---|---|
| Lender's Name | DISCOUNT ZONE MANAGEMENT INC |
| Lender's Title | |
| Relationship to Insider | |
| Original Amount of Loan | |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ESCROW | 10,000 | 10,000 | 10,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FILING FEES | 10 | 10 | ||
| INSURANCE | 24,034 | 24,034 | ||
| PHONE/INTERNET | 1,349 | 1,349 |