| 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 |
|---|---|---|
| SIT US GOVT SECURITIES FUND | 242,509 | 242,509 |
| 3M CORP | 44,847 | 44,847 |
| MEDTRONIC | 4,102 | 4,102 |
| TARGET CORP | 45,857 | 45,857 |
| US BANCORP | 57,332 | 57,332 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Amount |
|---|---|
| VALUATION ADJUSTMENT ON CONTRIBUTIONS | 628 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MINNESOTA ATTORNEY GENERAL FEE | 25 | 25 | ||
| MISC BANK FEES | 60 | 60 |
| Description | Amount |
|---|---|
| INCREASE IN UNREALIZED APPRECIATION | 2,594 |
| PRIOR YEAR CONTRIBUTION VOIDED | 5,000 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CITIBANK FEES | 500 | 500 | ||
| TONKAWA FEES | 6,178 | 3,089 | 3,089 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 2,328 |