| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Microsoft Surface Pro Tablet | 2023-11-12 | 2,748 | 0 | 200DB | 5.000000000000 | 550 |
| Item No. | 1 |
|---|---|
| Lender's Name | Damon Murphy |
| Lender's Title | Chairman |
| Original Amount of Loan | 2525 |
| Balance Due | 1723 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | Computer purchase, start up funds |
| Description of Lender Consideration | Computer |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Office/operating expense | 919 | |||
| Bank fees | 40 | |||
| Web hosting | 85 | |||
| Project expense | 1,130 | 1,130 |