| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 4 FERRY BOAT | 2016-06-30 | 91,000 | 56,074 | 150 DB HY | 0000000015.000000000000 | 5,378 | 5,378 | 5,378 | |
| 5 FERRY BOAT | 2017-06-30 | 23,700 | 13,203 | 150 DB HY | 0000000015.000000000000 | 1,398 | 1,398 | 1,398 | |
| APARTMENT BUILDING LA | 1993-12-07 | 124,000 | 117,243 | SL MM | 2750.0000000000 % | ||||
| RENOVATIONS 2023 | 2023-12-27 | 10,000 | 1,000 | SL HY | 0000000015.000000000000 | 667 | 667 | 667 | |
| RENOVATIONS 2024 | 2024-12-31 | 68,528 | 2,282 | SL HY | 0000000015.000000000000 | 4,571 | 4,571 | 4,571 | |
| APARTMENT LAND - LA | 1993-12-07 | 0000126000.000000000000 | |||||||
| COMPUTER | 2006-01-01 | 1,300 | 1,300 | 200 DB HY | 0000000005.000000000000 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FIXED ASSETS | 376,000 | 196,712 | 181,123 | 181,123 |
| RENOVATIONS 2024 | 68,528 | 6,406 | 62,666 | 62,666 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| SECURITY DEPOSITS | 1,440 | 1,440 | 1,440 |
| INDIA ASSET | 68,000 | 68,000 | 68,000 |
| LOANS TO OFFICERS | 550 | 550 | 550 |
| CONDITIONAL FUND DONATED TO INDIA | 110,000 | 110,000 | 110,000 |
| PETTY CASH | 1,000 | 1,000 | 1,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Accounting | 800 | 800 | 800 | |
| Bank Charges | 68 | 68 | 68 | |
| Insurance | 7,275 | 7,275 | 7,275 | |
| Legal Services | 18,406 | 18,406 | 18,406 | |
| Miscellaneous Services | 387 | 387 | 387 | |
| Monthly subscriptions and hardware expenses | 1,711 | 1,711 | 1,711 | |
| Office Supplies | 1,119 | 1,119 | 1,119 | |
| Postage | 40 | 40 | 40 | |
| Rental Property Expenses | 55,976 | 55,976 | 55,976 | |
| Taxes | 94 | 94 | 94 | |
| Amortised expenses for Ganga fund | 11,470 | 11,470 | 11,470 |
| Description | Amount |
|---|---|
| Depreciation | 12,104 |
| Other increases | 1,736 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| CREDIT CARD | 1,496 | 29 |