| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Tax & Accounting Fees | 1,750 | 0 | 0 | 1,750 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Water Trailer | 2021-06-30 | 27,625 | 10,713 | 200DB | 17.49 % | 4,832 | |||
| Truck | 2022-02-18 | 50,783 | 5,078 | SL | 20.00 % | 10,157 | |||
| Tractor | 2023-03-27 | 25,000 | 200DB | 14.29 % | 3,573 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 50,783 | 15,235 | 35,548 | 69,055 |
| Machinery and Equipment | 52,625 | 19,118 | 33,507 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Dues and Subscriptions | 156 | 156 | ||
| Insurance | 7,771 | 7,771 | ||
| Program Expenses | 36,960 | 36,960 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Licenses | 273 | 273 |