| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BCS TRACTOR & ATTACHMENT | 2022-02-15 | 12,152 | 3,327 | S/L | 7.0000 | 1,736 | |||
| 10' COOLBOOT TRAILER | 2022-02-15 | 13,698 | 3,751 | S/L | 7.0000 | 1,957 | |||
| TRUCK | 2023-05-26 | 7,800 | 910 | S/L | 5.0000 | 1,560 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| EQUIPMENT | 33,650 | 13,241 | 20,409 | 20,409 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| INSURANCE | 2,383 | |||
| OFFICE EXPENSES | 74 | |||
| COMMUNITY GARDEN | 31,302 | |||
| PAYROLL PROCESSING | 1,303 | |||
| SOFTWARE | 1,561 | |||
| OTHER LABOR | 22,871 | |||
| CONTINUING EDUCATION | 300 |