| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX & ACCOUNTING | 375 | 375 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SCANDANAVIAN DESIGNS FURN 2019 | 2019-08-22 | 7,045 | 5,367 | S/L | 7.0000 | 1,007 | |||
| LIVING SPACES FURN -2019 | 2019-09-09 | 3,470 | 2,644 | S/L | 7.0000 | 495 | |||
| APPLE COMPUTER | 2019-10-03 | 3,615 | 3,615 | S/L | 5.0000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SCANDANAVIAN DESIGNS - FURNITURE | 14,130 | 13,128 | 1,002 | 1,002 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| CA AG FILING FEE | 25 | 25 | ||
| IRS PENALTY | 439 | 439 |