| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 750 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| ZERO TURN LAWN TRACTOR | 2019-07-01 | 1,650 | 1,485 | S/L | 5.0000 | 165 | |||
| OFFICE COMPUTER | 2019-07-01 | 1,954 | 1,759 | S/L | 5.0000 | 195 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 3,604 | 3,604 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 45 | |||
| DISTRIBUTIONS | 309,187 | |||
| REPAIRS & MAINTENANCE | ||||
| MISCELLANEOUS EXPENSE | ||||
| INSURANCE | 436 | |||
| POSTAGE | ||||
| TRAVEL | 793 |
| Description | Amount |
|---|---|
| ADJUST BEGINNING BALANCE | 1,275 |