| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 1,168 | 0 | 0 | 1,168 |
| Consulting | 275 | 0 | 0 | 275 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Ford Truck | 2021-05-26 | 20,845 | 20,845 | M | 5 | 0 | 0 | 0 | |
| Remodel of Truck | 2022-07-13 | 9,150 | 9,150 | M | 5 | 0 | 0 | 0 | |
| Truck Improvements | 2023-02-23 | 4,200 | 3,654 | M | 5 | 546 | 0 | 0 | |
| Appliances | 2023-12-01 | 43,798 | 35,351 | M | 7 | 8,447 | 0 | 0 | |
| Appliances | 2024-02-07 | 689 | 0 | M | 7 | 98 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Assets | 78,682 | 78,091 | 591 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Security Deposit Commerical Kitchen | 8,008 | 5,458 | 0 |
| Security Deposit Utilities | 610 | 610 | 0 |
| Undeposited Funds | 803 | 262 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising | 7,462 | 0 | 0 | 7,462 |
| Baking Equipment | 12,375 | 0 | 0 | 12,375 |
| Baking Ingredients | 19,288 | 0 | 0 | 19,288 |
| Bank Charges | 31 | 0 | 0 | 31 |
| Car & Truck | 246 | 0 | 0 | 246 |
| Contractors | 69,467 | 0 | 0 | 69,467 |
| Dues & Subscriptions | 1,171 | 0 | 0 | 1,171 |
| Insurance | 5,293 | 0 | 0 | 5,293 |
| Internet | 387 | 0 | 0 | 387 |
| Job Supplies | 430 | 0 | 0 | 430 |
| Kitchen Mantenance | 2,135 | 0 | 0 | 2,135 |
| Kitchen Supplies & Small Tools | 6,573 | 0 | 0 | 6,573 |
| Meals | 46 | 0 | 0 | 46 |
| Office Supplies & Software | 6,948 | 0 | 0 | 6,948 |
| Packaging | 302 | 0 | 0 | 302 |
| PayPal Fees | 133 | 0 | 0 | 133 |
| QB Fees | 150 | 0 | 0 | 150 |
| Repairs & Maintenance | 31,143 | 0 | 0 | 31,143 |
| Square & Venmo Fees | 239 | 0 | 0 | 239 |
| Utilities | 7,633 | 0 | 0 | 7,633 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Cashback Rewards | 21 | 0 | 0 |
| Rent & Lease | 1,150 | 0 | 0 |
| Description | Amount |
|---|---|
| PY Adjustments | 401 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| Credit Card Liability | 527 | 0 |
| Payroll Tax Liability | 955 | 1,748 |
| Sales Tax Liability | 1,327 | 2,835 |
| Tips | 130 | 244 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll Tax | 7,151 | 0 | 0 | 7,151 |
| Taxes & License | 4,338 | 0 | 0 | 4,338 |