| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 540 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2017-11-10 | 124,000 | |||||||
| BUILDING | 2017-11-10 | 496,000 | 65,179 | S/L | 39.0000 | 12,718 | |||
| VEHICLE HEARSE | 2019-07-01 | 19,480 | 19,480 | 200DB | 5.0000 | ||||
| FURNITURE & EQUIPMENT | 2016-10-01 | 21,990 | 21,438 | 200DB | 7.0000 | 552 | |||
| FUNERAL LIMOSINE | 2016-12-06 | 6,955 | 6,354 | 200DB | 5.0000 | ||||
| TOYOTA SIENNA | 2016-09-27 | 32,588 | 26,928 | 200DB | 5.0000 | ||||
| HONDA ODYSSEY | 2020-05-11 | 16,680 | 16,680 | 200DB | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 593,693 | 169,328 | 424,365 | 424,365 | |
| 124,000 | 124,000 | 124,000 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER CURRENT ASSETS | 9,409 | 7,595 | 7,595 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| FUNERAL SERVICE EXPENSE | 436,646 | 436,646 | ||
| AUTO EXPENSE | 18,356 | 18,356 | ||
| REPAIRS AND MAINTENANCE | 47,817 | 47,817 | ||
| CONTRACT LABOR | 546,006 | 546,006 | ||
| INSURANCE | 15,407 | 15,407 | ||
| MISCELLANEOUS | 17,934 | 17,934 | ||
| MARKETING AND ADVERTISTING | 3,448 | 3,448 | ||
| BANK/MERCHANT FEES | 2,137 | 2,137 | ||
| TELEPHONE/COMMUNICATIONS | 2,892 | 2,892 | ||
| FREIGHT & DELIVERY | 30,837 | 30,837 | ||
| CREDIT CARD PROCESSING FEE | 16,910 | 16,910 | ||
| FURNITURE AND DECOR | 2,010 | 2,010 | ||
| UTILITIES | 15,233 | 15,233 | ||
| POLICE ESCORT | 759 | 759 | ||
| DEATH CERTIFICATES | 2,878 | 2,878 | ||
| AIR TRANSPORTATION | 673 | 673 | ||
| SUPPLIES | 12,904 | 12,904 | ||
| POSTAGE AND MAILING | 85 | 85 | ||
| CONTRACT LABOR - ADMIN | 39,149 | 29,362 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FUNERAL SERVICE INCOME | 1,110,816 | 1,110,816 | |
| MISCELLANEOUS INCOME | 14,403 | 14,403 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PR TAX LIABILITY | 2,381 | 2,381 |
| SBA EIDG LOAN | 4,000 | 4,000 |