| 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 |
|---|---|---|---|---|---|---|---|---|---|
| GAS LINE | 2019-02-01 | 4,998 | 2,194 | ALT | 15 | 295 | 0 | 0 | |
| GUTTERING | 2022-08-31 | 2,700 | 233 | SL | 27.5 | 98 | 0 | 0 | |
| MURALS FOX STUDIO | 2024-08-30 | 16,000 | 3,200 | M | 5 | 5,120 | 0 | 0 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| MACHINERY AND EQUIPMENT | 1,284 | 1,284 | 0 | 0 |
| IMPROVEMENTS | 7,698 | 2,194 | 5,504 | 7,698 |
| MISCELLANEOUS | 15,254 | 9,631 | 5,623 | 15,254 |
| Description | Amount |
|---|---|
| PRIOR YEAR ADJUSTMENT | 192 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LISCENSES AND FEES | 100 | 0 | 0 | 0 |
| BANK FEES | 15 | 0 | 0 | 0 |
| INSURANCE EXPENSE | 2,653 | 0 | 0 | 0 |
| REPAIRS & MAINTENANCE | 14,850 | 0 | 0 | 0 |
| UTILITIES | 8,192 | 0 | 0 | 0 |
| RENT | 650 | 0 | 0 | 0 |
| SUPPLIES | 2,115 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SALES TAX | 111 | 0 | 0 | 0 |