| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,937 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2022-11-09 | 21,223 | 4,245 | 200DB | 32.00 % | 6,791 | |||
| EQUIPMENT | 2023-01-31 | 3,413 | 200DB | 20.00 % | 683 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 24,635 | 11,719 | 12,916 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM GARY HESS | 19,808 | ||
| Rounding | 1 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 25 | |||
| PAYROLL PROCESSING FEES | 360 | |||
| RESEARCH & DEVELOPMENT | 55,722 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN - GARY HESS | 100 | 156,375 |
| LOAN - TELELEAF | 105,647 |