| 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 |
|---|---|---|---|---|---|---|---|---|---|
| DELL COMPUTER | 2005-06-01 | 1,207 | 1,105 | SL | 5.000000000000 | 102 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| PIMCO TOTAL RETURN FUND | 38,077 | 39,622 |
| LOOMIS SAYLES STRATEGIC INCOME | 3,766 | 5,167 |
| JP MORGAN STRATEGIC INCOME OPPS SEL | 10,076 | 10,240 |
| PIMCO UNCONSTRAINED BOND INSTL | 13,869 | 14,021 |
| PIMCO GLOBAL ADVANTAGE STRATEGY BD INSTL | 4,000 | 4,025 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MAINSTAY ICAP SELECT EQUITY | 19,347 | 19,913 |
| TOUCHSTONE SANDS CAPITAL INSTL GROWTH | 13,599 | 19,078 |
| VANGUARD INDEX 500 SIGNAL | 45,412 | 57,366 |
| T ROWE PRICE | 15,184 | 21,617 |
| CRM SMALL CAP VALUE INSTL | 5,867 | 8,884 |
| STRATTON SMALL CAP VALUE | 6,124 | 8,835 |
| COLUMBIA INTERNATIONAL VALUE | 9,102 | 10,247 |
| HARBOR INTERNATIONAL INSTL | 17,264 | 13,661 |
| THORNBURG INTERNATIONAL VALUE | 9,616 | 11,057 |
| HUSSMAN STRATEGIC GROWTH | 9,000 | 8,449 |
| BLACKROCK GLOBAL ALLOCATION | 9,795 | 11,301 |
| CALAMOS GROWTH & INCOME FUND | 5,729 | 8,539 |
| SPDR GOLD TRUST SHARES | 5,900 | 9,710 |
| CREDIT SUISSE COMMODITY RETURN STRATEGY | 8,310 | 10,794 |
| HARDING LOEVNER EMERGING MARKETS CL I | 11,633 | 13,154 |
| WASATCH - 1ST SOURCE LONG/SHORT | 4,491 | 4,660 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| DELL COMPUTER | 1,207 | 1,207 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE OF MICHIGAN FILING FEE | 20 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 1,161 | 1,161 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX | 74 | 74 | 0 |