| 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 |
|---|---|---|---|---|---|---|---|---|---|
| AUTO | 2021-12-30 | 10,000 | 7,000 | 200DB | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 10,000 | 2,100 | 7,900 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| TOLL | 900 | |||
| GAS | 930 | |||
| NSURANCE | 385 | |||
| ADMIN EXPENSES | 2,300 | |||
| TAX PREP | 400 | |||
| SUMMER CAMP QUESTS | 3,500 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| TUTION RECEIVED | 14,075 | 14,075 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOAN FROM OFFICERS |