| 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 |
|---|---|---|---|---|---|---|---|---|---|
| LAND | 2023-01-01 | 20,000 | |||||||
| BUILDING | 2023-01-01 | 325,000 | 8,125 | S/L | 40.0000 | 8,125 | |||
| FOUNDATION IMPROVEMENT | 2024-09-01 | 7,600 | S/L | 20.0000 | 127 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 332,600 | 16,377 | 316,223 | ||
| 20,000 | 20,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| POSTAGE | ||||
| OFFICE SUPPLIES | ||||
| SPECIAL EVENTS EXPENSES | 400 | 400 | ||
| SUPPLIES | ||||
| MISCELLANEOUS | 50 | 50 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 700 | 700 | ||
| PEW PURCHASE | 150 | 150 |
| Description | Amount |
|---|---|
| PRIOR YEAR CASH RECONCILATION | 921 |