| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER | 2014-07-01 | 430 | 430 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| CAMERA | 2016-03-31 | 678 | 678 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| BEER TAP | 2018-05-01 | 453 | 427 | 200DB | 7.000000000000 | 26 | 0 | 22 | |
| LIGHT & SOUND EQUIPMENT | 2019-02-20 | 2,424 | 2,099 | 200DB | 7.000000000000 | 217 | 0 | 325 | |
| SOUND EQUIPMENT & COMPUTERS | 2022-06-01 | 8,882 | 200DB | 5.000000000000 | 0 | 0 | 1,776 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER | 430 | 430 | 0 | 0 |
| CAMERA | 678 | 678 | 0 | 0 |
| BEER TAP | 453 | 453 | 0 | 0 |
| LIGHT & SOUND EQUIPMENT | 2,424 | 2,316 | 108 | 108 |
| SOUND EQUIPMENT & COMPUTERS | 8,882 | 8,882 | 0 | 0 |
| Description | Amount |
|---|---|
| UNRECORDED LIABILITY REDUCTION | 78,111 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROMOTIONS | 336 | 0 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| 7,054 | 7,054 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CONTRACTORS | 6,512 | 0 | 0 | 0 |
| BANK CHARGES | 92 | 0 | 0 | 0 |
| Name | Address |
|---|---|
| METROPOLITAN REGIONAL ARTS COUNCIL |
2324 UNIVERSITY AVE W ST PAUL,MN55114 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE INCOME TAX | 76 | 0 | 0 | 0 |