| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DELIVERY SUV | 2023-08-30 | 30,500 | 6,100 | M5 | 9,760 | ||||
| REFRIGERATOR | 2023-10-01 | 2,400 | 343 | M7 | 588 | ||||
| COMPUTER | 2024-05-31 | 1,400 | M5 | 280 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| ELECTION NOT TO CLAIM BONUS DEPRECIATION | FORM 990 PF, LINE 19 | THE CORPORATION ELECTS NOT TO CLAIM BONUS DEPRECIATION ON ALL CLASSES OF QUALIFYING PROPERTY PLACED IN SERVICE IN THE YEAR 2024 . |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| RAYMOND JAMES INVESTMENT ACCT | AT COST | 142,269 | 142,269 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DELIVERY SUV | 30,500 | 15,860 | 14,640 | |
| REFRIGERATOR | 2,400 | 931 | 1,469 | |
| COMPUTER | 1,400 | 280 | 1,120 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOOD PURCHASES | 144,047 | 144,047 | 144,047 | |
| OFFICE EXPENSES | 572 | 572 | ||
| EQUIPMENT RENTAL | 1,746 | 1,746 | ||
| RENT | 50,527 | 50,527 | ||
| INSURANCE | 3,524 | 3,524 | ||
| SUPPLIES | 898 | 898 | 898 | |
| ADVERTISING | 1,448 | 1,448 | ||
| MISCELLANEOUS EXPENSES | 485 | 485 | ||
| UTILITIES | 14,285 | 14,285 | ||
| TELEPHONE/INTERNET | 2,059 | 2,059 | ||
| TRANSPORTATION | 3,210 | 3,210 | ||
| COMPUTER EXPENSE | 1,761 | 1,761 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACT SERVICES | 10,700 | 10,700 |