| 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 |
|---|---|---|---|---|---|---|---|---|---|
| New Office TI | 2015-07-01 | 19,853 | 4,306 | SL | 2.56 % | 509 | |||
| TI Office | 2018-07-01 | 7,029 | 983 | SL | 2.56 % | 180 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 9,761 | 9,761 | ||
| Machinery and Equipment | 3,346 | 3,346 | ||
| Improvements | 26,882 | 5,978 | 20,904 | 20,903 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting and other professional fees | 1,070 | 321 | 0 | 749 |
| INVESTMENT MGMT FEES | 9,000 | 9,000 | 0 | 0 |
| PAYROLL PROCESSING FEES | 1,719 | 516 | 0 | 1,203 |
| TAX PREP FEES | 2,157 | 647 | 0 | 1,510 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Appreciation (Depreciation) | 28,570 | ||
| Stock Investments | 1,899,996 | 1,888,291 | 1,888,291 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 25 | 8 | 17 | |
| Copier/Printing | 126 | 38 | 88 | |
| INFORMATION TECHNOLOGY | 4,669 | 1,401 | 3,268 | |
| MAINTENANCE & REPAIRS | 77 | 23 | 54 | |
| MISC EXPENSE | 41 | 12 | 29 | |
| Rental Expenses | 44,815 | 13,444 | 31,370 | |
| TELEPH/INTERNET/DATA | 909 | 273 | 636 | |
| WKR COMP INSURANCE | 590 | 177 | 413 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Due to Kestrel | 20,000 | 45,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 9,514 | 2,854 | 6,660 |