| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Web site development | 2021-06-30 | 9,959 | 8,300 | SL | 3.0000 | 1,659 | |||
| Web site development | 2022-02-22 | 3,004 | 1,835 | SL | 3.0000 | 1,001 | |||
| Computer (Lollino) | 2023-02-23 | 1,805 | 361 | 200DB | 32.00 % | 578 | |||
| iPad (Flaum) | 2023-05-15 | 715 | 143 | 200DB | 32.00 % | 229 | |||
| Computer (office) | 2023-12-01 | 1,699 | 340 | 200DB | 32.00 % | 544 | |||
| Computer (Flaum) | 2023-12-01 | 1,699 | 340 | 200DB | 32.00 % | 544 | |||
| Printer (prsm office) | 2024-12-13 | 345 | 200DB | 20.00 % | 69 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 28,561 | 26,054 | 2,507 | |
| Machinery and Equipment | 16,509 | 13,394 | 3,115 | |
| Miscellaneous | 135,290 | 135,122 | 168 |
| Description | Amount |
|---|---|
| Federal tax on investment income | 4 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 14,207 | 13,047 | ||
| Marketing | 3,500 | 3,500 | ||
| Medical conferences/meetings | 15,209 | 15,209 | ||
| Memberships | 1,870 | 625 | ||
| Office expenses | 5,450 | 4,954 | ||
| Web site hosting/maintenance | 7,622 | 7,622 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Outside services | 41,070 | 0 | 0 | 41,070 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll tax | 4,761 | 4,328 |