| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 2024 FORD MAVERICK | 2024-06-18 | 39,725 | SL | 10.00 % | 3,973 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 39,725 | 3,973 | 35,752 | 35,752 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 101 | 101 | ||
| INSURANCE | 2,895 | 2,895 | ||
| OFFICE EXPENSE | 403 | 403 | ||
| REPAIRS | 494 | 494 | ||
| VEHICLE EXPENSE | 785 | 785 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| VEHICLE LICENSE | 103 | 103 |