| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 2,475 | 0 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Desk | 2020-04-12 | 500 | 338 | SL | 7.000000000000 | 71 | 0 | 71 | |
| Production equipment | 2020-10-16 | 29,919 | 24,933 | SL | 5.000000000000 | 4,986 | 0 | 4,986 | |
| Broadcasting equipment | 2020-01-20 | 4,638 | 4,562 | SL | 5.000000000000 | 76 | 0 | 76 | |
| Computer | 2020-01-20 | 493 | 486 | SL | 5.000000000000 | 7 | 0 | 7 | |
| GoPro Her09 | 2021-10-19 | 576 | 364 | SL | 5.000000000000 | 115 | 0 | 115 | |
| Production equipment | 2021-12-17 | 25,160 | 15,096 | SL | 5.000000000000 | 5,032 | 0 | 5,032 | |
| Table | 2022-07-18 | 1,261 | 609 | SL | 5.000000000000 | 252 | 0 | 252 | |
| Bench | 2022-07-18 | 493 | 239 | SL | 5.000000000000 | 99 | 0 | 99 | |
| 2 Arm Chairs | 2022-07-18 | 1,230 | 595 | SL | 5.000000000000 | 246 | 0 | 246 | |
| 2 Side Chairs | 2022-07-18 | 572 | 276 | SL | 5.000000000000 | 114 | 0 | 114 | |
| Console | 2022-07-18 | 1,748 | 846 | SL | 5.000000000000 | 350 | 0 | 350 | |
| 2 Dell Desktop PC's | 2024-01-26 | 5,400 | 990 | SL | 5.000000000000 | 1,080 | 0 | 1,080 | |
| 2 Radio Mic's | 2024-06-27 | 1,056 | 106 | SL | 5.000000000000 | 211 | 0 | 211 | |
| Equip - Clayton Custom Guitar | 2024-09-06 | 805 | 54 | SL | 5.000000000000 | 161 | 0 | 161 | |
| x2 Audio Silence alarms for TV & Radio | 2024-12-31 | 1,754 | SL | 5.000000000000 | 351 | 0 | 351 | ||
| Channel in a Box | 2024-01-26 | 26,049 | 4,776 | SL | 5.000000000000 | 5,210 | 0 | 5,210 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Desk | 500 | 409 | 91 | 91 |
| Production equipment | 29,919 | 29,919 | 0 | 0 |
| Broadcasting equipment | 4,638 | 4,638 | 0 | 0 |
| Computer | 493 | 493 | 0 | 0 |
| GoPro Her09 | 576 | 479 | 97 | 97 |
| Production equipment | 25,160 | 20,128 | 5,032 | 5,032 |
| Table | 1,261 | 861 | 400 | 400 |
| Bench | 493 | 338 | 155 | 155 |
| 2 Arm Chairs | 1,230 | 841 | 389 | 389 |
| 2 Side Chairs | 572 | 390 | 182 | 182 |
| Console | 1,748 | 1,196 | 552 | 552 |
| 2 Dell Desktop PC's | 5,400 | 2,070 | 3,330 | 3,330 |
| 2 Radio Mic's | 1,056 | 317 | 739 | 739 |
| Equip - Clayton Custom Guitar | 805 | 215 | 590 | 590 |
| x2 Audio Silence alarms for TV & Radio | 1,754 | 351 | 1,403 | 1,403 |
| Channel in a Box | 26,049 | 9,986 | 16,063 | 16,063 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Advertising & Promotions | 900 | 0 | 0 | 0 |
| Bank Fees | 125 | 0 | 0 | 0 |
| Bookkeeping | 1,500 | 0 | 0 | 0 |
| Dues & Subscriptions | 717 | 0 | 0 | 0 |
| Filing Fees | 340 | 0 | 0 | 0 |
| Media/Content Support | 22,461 | 0 | 0 | 0 |
| Postage & Office Suppies | 1,161 | 0 | 0 | 0 |
| Subcontractor | 30,850 | 0 | 0 | 0 |
| Technical Support | 23,234 | 0 | 0 | 0 |
| Video Production | 10,800 | 0 | 0 | 0 |
| Website Calendar | 2,000 | 0 | 0 | 0 |
| Website Content | 4,200 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Consultant | 10,000 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Payroll taxes | 6,623 | 0 | 0 | 0 |