| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 4,619 | 1,900 | 231 | 3,464 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE AND FIXUTRES | 2021-07-01 | 2,000 | 1,000 | SL | 20.00 % | 400 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 21,355 | 20,753 | 602 | |
| Machinery and Equipment | 25,946 | 25,946 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGES | 150 | 150 | 8 | 112 |
| COMPUTER & INTERNET EXPENSES | 334 | 67 | 17 | 250 |
| INSURANCE | 1,899 | 380 | 95 | 1,424 |
| PAYPAL FEES | 24 | 5 | 1 | 18 |
| POSTAGE | 52 | 52 | 3 | 39 |
| WEBSITE COSTS | 511 | 102 | 26 | 383 |