| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Field Equipment | 2021-08-01 | 2,500 | 200DB | 7.000000000000 | 0 | 0 | 357 | ||
| Quad | 2024-10-05 | 3,000 | 200DB | 7.000000000000 | 1,843 | 0 | 107 | ||
| Quad #2 | 2024-10-25 | 2,500 | 200DB | 7.000000000000 | 1,536 | 0 | 60 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Field Equipment | 2,500 | 2,500 | 0 | 0 |
| Quad | 3,000 | 1,843 | 1,157 | 1,157 |
| Quad #2 | 2,500 | 1,536 | 964 | 964 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Insurance | 3,820 | 0 | 0 | 0 |
| Other General Overhead Costs | 3,472 | 0 | 0 | 0 |
| Season & Clinic Expenses | 36,673 | 0 | 0 | 0 |
| Training Equipment | 6,414 | 0 | 0 | 0 |
| Field Improvements & Maintenance | 6,817 | 0 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Membership Dues and Assessments | 53,577 | 53,577 |