| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VEHICLE | 2022-08-08 | 22,792 | 4,558 | 200DB | 5.000000000000 | 7,294 | 0 | ||
| 2010 FORD F350 | 2023-07-19 | 16,540 | 200DB | 5.000000000000 | 3,308 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| VEHICLE | 22,792 | 11,852 | 10,940 | |
| 2010 FORD F350 | 16,540 | 3,308 | 13,232 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 3,666 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN RECEIVABLES | 11,541 | 11,789 | 11,789 |
| Description | Amount |
|---|---|
| PRIOR PERIOD ADJUSTMENT | 9,922 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 1,115 | 0 | 0 | |
| DUES & SUBSCRIPTIONS | 2,553 | 0 | 0 | |
| INSURANCE | 4,521 | 0 | 0 | |
| LICENSES | 3,134 | 0 | 0 | |
| MEALS | 15,682 | 0 | 0 | |
| BANK FEES | 687 | 0 | 0 | |
| OFFICE SUPPLIES | 11,054 | 0 | 0 | |
| TELEPHONE | 986 | 0 | 0 | |
| POSTAGE | 511 | 0 | 0 | |
| SMALL TOOLS | 2,469 | 0 | 0 | |
| SOFTWARE | 5,037 | 0 | 0 | |
| REPAIRS | 160 | 0 | 0 | |
| SUPPLIES | 85,231 | 0 | 0 | |
| TRAVEL | 4,726 | 0 | 0 | |
| VEHICLE EXPENSE | 7,858 | 0 | 0 | |
| CONTRACT LABOR | 6,476 | 0 | 0 | |
| MISCELLANEOUS | 121 | 0 | 0 | |
| EDUCATION | 882 | 0 | 0 | |
| INTERNET | 1,639 | 0 | 0 | |
| OFFICE EXPENSE | 826 | 0 | 0 | |
| WAGES | 49,304 | 0 | 0 | |
| PAYROLL FEES | 2,178 | 0 | 0 | |
| PAYROLL TAXES | 3,429 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARDS PAYABLE | 609 | 970 |
| LOANS PAYABLE | 46,483 | 80,315 |
| VEHICLE LOAN PAYABLE | 21,732 | 0 |