| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 85,880 | 7,967 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 240,334 | 231,200 | 9,134 | 240,338 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| ADVERTISING EXPENSE | 1,641 | 1,641 | ||
| AUTO REGISTRATION | 58 | 58 | ||
| CREDIT CARD FEES | 2,900 | 2,900 | ||
| EQUIPMENT RENTAL & MAINTENANC | 701 | 701 | ||
| SUPPLIES | 6,821 | 6,821 | ||
| PEST CONTROL | 342 | 342 | ||
| SMALL EQUIPMENT | 8,538 | 8,538 | ||
| UTILITIES | 7,019 | 7,019 | ||
| WEBSITE | 330 | 330 | ||
| BUILDING MAINT | 2,509 | 2,509 | ||
| SNOW REMOVAL | 400 | 400 | ||
| POSTAGE | 233 | 233 | ||
| BOOKS, SUBSCRIPTIONS, REFEREN | 1,179 | 1,179 | ||
| WASTE REMOVAL | 1,020 | 1,020 | ||
| MEALS | 516 | 516 | ||
| BUSINESS REGISTRATION FEE | 5 | 5 | ||
| BANK FEES | 92 | 92 | ||
| COMMUNITY SUPPORT | 520 | 520 | ||
| SCHOLARSHIP AWARD | 525 | 525 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MEMBERSHIP DUES | 55,371 | 55,371 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| EIDL SBA LOAN | 35,000 | 34,862 |
| QCBT NOTE PAYABLE | 9,555 | 1,944 |
| MARLIN LEASE PAYABLE | 4,912 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| MERCHANDISE SALES | 10,179 | 10,179 | |
| VENDING MACHINES | 5,303 | 5,980 | -677 |