| 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 | 2021-06-30 | 2,341 | 1,967 | M | 0000000005.000000000000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 13,796 | 13,796 |
| Description | Amount |
|---|---|
| Adjustment prior years equity | 4,465 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ARTISTIC SERVICES | 13,400 | |||
| ADVERTISING | 208 | |||
| INSURANCE | 8,236 | |||
| REPAIRS | 493 | |||
| ART SUPPLIES | 8,797 | |||
| OFFICE EXPENSE | 9,742 | |||
| STORAGE | 5,619 | |||
| UTILITIES | 12,338 | |||
| REFUND | 1,342 | |||
| FEES AND LICENSES | 477 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| STORE SALES | 14,456 | ||
| WORKSHOPS | 19,950 |
| Item No. | 1 |
|---|---|
| Borrower's Name | BULLS FERRY STUDIOS |
| Borrower's Title | |
| Original Amount of Loan | 2000 |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Item No. | 2 |
|---|---|
| Borrower's Name | EMPLOYEE |
| Borrower's Title | |
| Original Amount of Loan | 1000 |
| Balance Due | |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | |
| Security Provided by Borrower | |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 5,129 |