| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Office Furniture | 2019-01-16 | 3,182 | 2,472 | 200DB | 8.92 % | 284 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 22,500 | 22,500 | ||
| Furniture and Fixtures | 17,611 | 16,455 | 1,156 | |
| Machinery and Equipment | 87,568 | 86,961 | 607 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank charges | 311 | |||
| Dues & Subscriptions | 10 | |||
| Information Technology | 14,185 | |||
| Meals & Entertainment | 1,223 | |||
| Office expenses | 760 | |||
| Repairs & Maintenance | 5,355 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Rental Income - Noninvestment Property | 12,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal & Professional | 4,900 | 0 | 0 | 0 |