| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Laptop | 2025-07-03 | 1,100 | 200DB | 20.00 % | 220 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Machinery and Equipment | 1,100 | 220 | 880 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Legal | 2,100 | 0 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Bank Fees | 783 | |||
| Dues & Subscriptions | 166 | |||
| Office Expense | 1,100 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| American Express | 1,321 | 19,287 |
| US Bank Creditline | 21,000 | 115,000 |
| US Bank Credit Card | 1,989 |