| 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 Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TIME WARNER | 24,970 | 25,401 |
| GEN ELEC CAP CRP MTN | 26,171 | 27,413 |
| GEN ELEC CAP CRP MTN | 25,684 | 26,737 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ETRADE FINANCIAL CORP | 32,256 | 3,520 |
| ISHARES BARCLAYS TIPS BOND FD | 5,183 | 5,376 |
| TEMPLETON GLOBAL BOND FUND-AD | 12,903 | 12,725 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MUNICIPAL BONDS | 284,158 | 282,018 |
| 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 |
|---|---|---|---|---|
| MISCELLANEOUS EXPENSE | 200 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CHEVY CHASE TRUSTEE FEES | 1,966 | 0 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES |