| 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 |
|---|---|---|---|---|---|---|---|---|---|
| CAR - TOYOTA COROLLA | 2022-07-01 | 26,340 | 13,170 | SL | 20.00 % | 5,268 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Auto./Transportation Equip. | 26,340 | 18,438 | 7,902 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AIRFARE | 10,288 | 10,288 | ||
| CAR PAYMENTS | 5,364 | 5,364 | ||
| CAR RENTAL | 1,403 | 1,403 | ||
| DINNER | 5,263 | 5,263 | ||
| GAS | 2,268 | 2,268 | ||
| LODGING | 10,872 | 10,872 | ||
| OFFICE RENT | 7,500 | 7,500 | ||
| PHONE | 3,456 | 3,456 | ||
| WEBSITE | 3,390 | 3,390 |