| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 500 | 500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2007-09-05 | 35,657 | 35,657 | 200DB | 5.0000 | ||||
| EQUIPMENT | 2007-09-19 | 948 | 948 | 200DB | 7.0000 | ||||
| FURNITURE | 2007-10-06 | 2,640 | 2,640 | 200DB | 5.0000 | ||||
| SECURITY SYSTEM | 2007-10-16 | 2,208 | 2,208 | 200DB | 7.0000 | ||||
| APPLIANCES | 2007-10-16 | 4,469 | 4,469 | 200DB | 5.0000 | ||||
| EQUIPMENT | 2007-10-16 | 759 | 759 | 200DB | 7.0000 | ||||
| PHONE SYSTEM | 2007-11-03 | 927 | 927 | 200DB | 7.0000 | ||||
| TVS | 2007-11-26 | 2,090 | 2,090 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-04-08 | 2,680 | 2,680 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-05-13 | 4,277 | 4,277 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-07-11 | 1,479 | 1,479 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-08-20 | 680 | 680 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-09-23 | 4,127 | 4,127 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-10-21 | 845 | 845 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-11-12 | 2,659 | 2,659 | 200DB | 5.0000 | ||||
| FURNITURE | 2008-12-31 | 1,860 | 1,404 | 150DB | 20.0000 | 83 | |||
| APARTMENT-5 UNITS | 2008-02-20 | 148,750 | 80,460 | S/L | 27.5000 | 5,409 | |||
| LAND-5 UNITS | 2008-02-20 | 26,250 | |||||||
| FURNITURE | 2009-01-22 | 5,279 | 5,279 | 200DB | 5.0000 | ||||
| FURNITURE | 2009-04-14 | 716 | 716 | 200DB | 5.0000 | ||||
| FURNITURE | 2009-06-20 | 1,435 | 1,435 | 200DB | 5.0000 | ||||
| FURNITURE | 2009-07-01 | 1,535 | 1,535 | 200DB | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 226,018 | 162,764 | 63,254 | 226,018 | |
| 26,250 | 26,250 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OFFICER EXPENSES PAYABLE | 4,843 | 4,843 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF MICHIGAN FEE | 20 | 20 |