| 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 |
|---|---|---|---|---|---|---|---|---|---|
| VECHICLE | 2025-01-06 | 5,800 | 580 | STRAIGHT LINE HALF-YEAR CONVENTION | 6.000000 | 580 | 0 | 0 | |
| FURNITURE & FIXTURES | 2025-03-27 | 11,145 | 796 | STRAIGHT LINE HALF-YEAR CONVENTION | 8.000000 | 796 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 0 | 1,376 | 15,569 | 15,569 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSITS | 2,000 | 2,000 | 2,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| RENTALS | 192 | 0 | 0 | 192 |
| PRINTING | 910 | 0 | 0 | 910 |
| PROFESSIONAL SERVICES | 4,950 | 0 | 0 | 4,950 |
| CONTRACT SERVICES | 8,485 | 0 | 8,250 | 235 |
| OFFICE EXPENSE | 3,952 | 0 | 850 | 3,102 |
| FEES | 2,535 | 0 | 1,626 | 910 |
| INSURANCE | 1,707 | 0 | 0 | 1,707 |
| TAXES | 15 | 0 | 0 | 15 |
| ADVERTISING | 339 | 0 | 0 | 339 |
| SUPPLIES | 8,987 | 0 | 5,158 | 3,828 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Program service | 20,813 | 0 | 20,813 |
| Membership dues and assessments | 4,113 | 0 | 4,113 |
| Name | Address |
|---|---|
| SHAWVRE ART COLLECTION TRUST |
PO BOX 114 WEATHERFORD,TX76086 |