| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,896 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2020-05-21 | 2,427 | 1,728 | 200DB | 11.52 % | 280 | |||
| FURNITURE | 2021-05-24 | 14,860 | 5,762 | 200DB | 17.49 % | 2,599 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 14,860 | 8,361 | 6,499 | |
| Machinery and Equipment | 2,427 | 2,008 | 419 | 6,918 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 203 | |||
| OFFICE EXPENSE | 672 | |||
| OTHER MISC. DONATIONS | 2,500 | 2,500 | ||
| WEB CONTENT & DELIVERY | 39,998 | 39,998 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS PAYABLE | 11,863 | 14,567 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & LICENSES | 50 |