| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2022 Equipment | 2022-01-01 | 48,749 | 19,500 | SL | 5.0000 | 9,750 | |||
| 2021 Equipment | 2021-01-01 | 13,427 | 5,370 | SL | 5.0000 | 2,685 | |||
| 2023 Equipment | 2023-09-26 | 9,015 | 451 | SL | 5.0000 | 1,803 | |||
| 2024 Equipment | 2024-06-01 | 11,521 | SL | 5.0000 | 1,344 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 82,712 | 40,903 | 41,809 | 41,809 |
| Description | Amount |
|---|---|
| Prior Period Adjustment | 630 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Cheer Uniforms | 3,300 | 3,300 | ||
| Dues | 1,457 | 1,457 | ||
| EMT Fees | 1,628 | 1,628 | ||
| Equipment Reconditioning | 4,649 | 4,649 | ||
| Gifts | 50 | 50 | ||
| Laundry | 258 | 258 | ||
| Licenses and Fees | 737 | 737 | ||
| Meals | 216 | 216 | ||
| Misc | 560 | 560 | ||
| Office | 1,773 | 1,773 | ||
| Officiating | 7,200 | 7,200 | ||
| Other Equipment | 2,000 | 2,000 | ||
| Postage | 10 | 10 | ||
| Reimbursed Expenses | 4,012 | 4,012 | ||
| Repairs and Maintenance | 390 | 390 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Fundraising Expenses | 844 | 0 | 0 | 844 |