| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING | 2000-07-01 | 99,000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING | 99,000 | 99,000 | 99,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSE | 7,285 | 7,285 | 7,285 | 7,285 |
| POSTAGE | 34 | 34 | 34 | 34 |
| AUTO | 1,096 | 1,096 | 1,096 | 1,096 |
| INSURANCE | 1,387 | 1,387 | 1,387 | 1,387 |
| REPAIR & MAINTENANCE | 9,937 | 9,937 | 9,937 | 9,937 |
| MISCELLANEOUS EXPENSE | 8,386 | 8,386 | 8,386 | 8,386 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| LOANS FROM TRUSTEES | 171,944 | 171,944 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 3,034 | 3,034 | 3,034 | 3,034 |
| INVESTMENT EXPENSE | 61 | 61 | 61 | 61 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT TAXES/LICENSES | 4,294 | 4,294 | 4,294 | 4,294 |