| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 850 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GALLERY CABINETS | 2005-10-15 | 46,400 | 21,665 | SL | 39.0000 | 1,190 | |||
| GALLERY IMPROVEMENTS | 2006-03-15 | 38,645 | 17,631 | SL | 39.0000 | 991 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 46,400 | 22,855 | 23,545 | |
| Improvements | 50,395 | 26,847 | 23,548 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES & SUBSCRIPTIONS | 35 | |||
| FILING FEES | 25 | |||
| OFFICE EXPENSES | 393 | |||
| OUTSIDE SERVICES | 83 | |||
| PARKING | 14 | |||
| STORAGE | 3,044 | |||
| TELEPHONE | 486 | |||
| WEBSITE | 33 |
| Description | Amount |
|---|---|
| ROUNDING | 1 |