| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2015-08-31 | 122,500 | 52,344 | SL | 27.500000000000 | 4,455 | 4,455 | 4,455 | |
| BUILDING IMPROVEMENT | 2015-08-31 | 70,000 | 63,974 | SL | 15.000000000000 | 4,667 | 4,667 | 4,667 | |
| LAND | 2015-08-31 | 52,500 | 0 % | 0 | 0 | 0 | |||
| AIR CONDITIONER | 2017-11-27 | 6,800 | 6,800 | SL | 5.000000000000 | 0 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 122,500 | 56,799 | 65,701 | 122,500 |
| BUILDING IMPROVEMENT | 70,000 | 68,641 | 1,359 | 70,000 |
| LAND | 52,500 | 0 | 52,500 | 52,500 |
| AIR CONDITIONER | 6,800 | 6,800 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROGRAM EXPENSE -2023 CHINA REUNION | 14,126 | 0 | 0 | 14,126 |
| PROGRAM EXPENSE -COMMUNITY SERVICE AND WELLNESS | 8,607 | 0 | 0 | 8,607 |
| BANK SERVICE FEE | 255 | 0 | 0 | 255 |
| PROGRAM EXPENSE -ENVIRONMENTT AWARENESS AND EDUCATION | 27,917 | 0 | 0 | 27,917 |
| DUE AND SUBSCRIPTION | 394 | 0 | 0 | 394 |
| TELEPHONE | 480 | 0 | 0 | 480 |
| CLEANING AND MAINTENANCE | 0 | 0 | 0 | 0 |
| PROPERTY TAX | 2,954 | 2,954 | 2,954 | 0 |
| INSURANCE | 0 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER PAYABLE | 19,324 | 19,324 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| IRS TAX | 762 | 762 | 762 | 0 |