| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accountant | 5,500 | 0 | 0 | 4,500 |
| Bookkeeping | 1,422 | 0 | 0 | 1,422 |
| Description of Amortized Expenses | Date Acquired, Completed, or Expended | Amount Amortized | Deduction for Prior Years | Amortization Method | Current Year Amortization | Net Investment Income | Adjusted Net Income | Total Amount of Amortization |
|---|---|---|---|---|---|---|---|---|
| Website | 2020-12-31 | 10,500 | 6,708 | 3.0000 | 3,792 | 10,500 | ||
| Website | 2021-12-31 | 10,500 | 6,708 | 3.0000 | 3,792 | 10,500 | ||
| Website | 2022-02-01 | 17,300 | 11,053 | 3.0000 | 5,767 | 16,820 | ||
| Website | 2023-03-15 | 3,341 | 928 | 3.0000 | 1,114 | 2,042 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 3,809 | 3,809 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 994 | 0 | 0 | 994 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Net Intangible Assets | 16,244 | 1,779 | 1,779 |
| Operating right of use asset | 7,899 | 7,899 | |
| Security deposit | 1,027 | 1,027 | 1,027 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 1,950 | 1,950 | ||
| Amortization | 14,465 | |||
| Bank & credit card processing fees | 3,414 | 3,820 | ||
| Books distributed | 1,022,840 | 1,022,840 | ||
| Commissions and discounts | 315 | 315 | ||
| Insurance | 1,876 | 1,702 | ||
| Miscellaneous | 1,014 | 1,014 | ||
| Office expense and supplies | 5,123 | 5,916 | ||
| Postage and shipping | 77,084 | 63,833 | ||
| Publishing costs | 3,408 | 3,408 | ||
| Storage | 35,568 | 35,152 | ||
| Telephone | 767 | 767 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Reimbursed expenses | 33 | ||
| Shipping income | 1,007 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Operating lease liability | 300 | 8,075 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Consulting | 10,000 | 0 | 0 | 10,000 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| Book sales | 10,571 | 4,516 | 6,055 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Employer taxes | 5,759 | 5,759 |