| 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 |
|---|---|---|---|---|---|---|---|---|---|
| EQUIPMENT | 2022-11-09 | 21,223 | 11,036 | 200DB | 19.20 % | 4,075 | |||
| EQUIPMENT | 2023-01-31 | 3,413 | 683 | 200DB | 32.00 % | 1,092 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 24,635 | 16,886 | 7,749 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM GARY HESS | 19,808 | 29,908 | |
| Rounding | 1 | 2 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVERTISING | 10,000 | |||
| BANK CHARGES | 49 | |||
| INSURANCE | 729 | |||
| RESEARCH & DEVELOPMENT | 12,110 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 8,238 | 0 | 0 | 0 |