| 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 | 2018-01-01 | 15,261 | 0 | Straight Line | 5.000000 | 5,815 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 14,850 | 28,500 | 13,036 | 13,036 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Other Assets | 14,750 | 750 | 750 |
| Description | Amount |
|---|---|
| Adjustment | 599,686 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Activities | 0 | 0 | 0 | 19,857 |
| Office Expense | 4,680 | 0 | 0 | 0 |
| Utilities | 13,086 | 0 | 0 | 0 |
| Insurance | 1,499 | 0 | 0 | 0 |
| Donations | 2,700 | 0 | 0 | 0 |
| Other Expense | 2,268 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Other liabilities | 9,151 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Professional Services | 0 | 0 | 0 | 445,633 |