| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 75,000 | 75,000 | 75,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ENGELBERG & SMITH | 4,000 | 4,000 | 0 | 0 |
| Description | Amount |
|---|---|
| 2011 EXCISE TAXES | 25,066 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TELEPHONE | 1,668 | 1,668 | ||
| POSTAGE | 2 | 2 | ||
| PARKING & TOLLS | 446 | 446 | ||
| OFFICE SUPPLIES | 688 | 688 | ||
| MEETING EXPENSES | 1,797 | 1,797 | ||
| INTERNET | 954 | 954 | ||
| CONFERENCES | 250 | 250 | ||
| BANK CHARGES | 178 | 178 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 325,745 | 325,745 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SOCIAL SECURITY/MEDICARE | 7,803 | 7,803 | ||
| REAL ESTATE TAXES | 2,860 | 2,860 | ||
| MICHIGAN UNEMPLOYMENT TAXES | 273 | 273 |