| 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 |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 9,388 | 9,582 |
| BB&T CORP | 9,712 | 10,516 |
| HEALTH CARE REIT | 9,184 | 9,528 |
| PEPSICO CO. | 12,912 | 13,066 |
| SELECT SECTOR UTILITY ETF | 31,020 | 31,340 |
| ENERGY TRANSFER EQUITY | 7,567 | 7,814 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 305 | 305 | 0 | 0 |
| REGISTERED AGENT FEE | 358 | 0 | 0 | 358 |
| DE FRANCHISE TAX | 130 | 0 | 0 | 130 |
| BUSINESS EXPENSE (FROM K-1) | 303 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES PAID | 27,000 | 0 | 0 | 0 |