| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 465 | 0 | 465 | 465 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| FURNITURE | 2023-11-30 | 1,500 | 581 | 200DB | 17.49 % | 262 | |||
| IMPROVEMENTS | 2024-12-18 | 76,244 | 82 | SL | 2.56 % | 1,955 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Furniture and Fixtures | 9,351 | 8,694 | 657 | |
| Machinery and Equipment | 5,200 | 5,200 | ||
| Improvements | 76,244 | 2,037 | 74,207 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank charges | 77 | 77 | 77 | |
| Worship Expenses | 2,260 | 2,260 |