| 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 |
|---|---|---|
| MUTUAL FUNDS | 15,241,075 | 17,371,773 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITIES | 17,310,049 | 18,893,207 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| REAL ESTATE & SPECIALTY ASSETS | 2,441,182 | 2,572,261 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| BOOKS | 5,078 | 3,266 | 3,266 |
| SEMINAR DEPOSITS | 3,000 | 185,900 | 185,900 |
| GLASS AWARDS | 9,464 | 7,362 | 7,362 |
| GLASS AWARD DEPOSITS | 0 | 10,000 | 10,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BUSINESS MEALS | 34,375 | 17,188 | ||
| OFFICE EXPENSE | 2,081 | 2,081 | ||
| OUTSIDE SERVICES | 25,450 | 25,450 | ||
| TELEPHONE | 217 | 217 | ||
| RETIREMENT BENEFIT | 18,684 | 18,684 | ||
| DUES AND SUBSCRIPTIONS | 200 | 200 | ||
| EXPENSES FROM PARTNERSHIPS | 82,408 | 82,408 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER | 2,211 | 2,211 | |
| Ordinary Income/Loss from Partnerships | -39,115 | -39,115 | |
| Other Income/loss from Partnerships | -62,738 | -62,738 | |
| Sections 1256 Income from Partnerships | 65,413 | 65,413 | |
| Section 988 Gain/Loss from Partnerships | -984 | -984 |
| Description | Amount |
|---|---|
| FV TO BASIS ADJUSTMENT | 594,064 |
| INCLUSION OF PARTNERSHIP INCOME/LOSS | 25,474 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO SPRING BAY MANAGEMENT | 5,708 | 3,515 |
| DEFERRED COMPENSATION | 144,413 | 174,052 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 153,891 | 153,891 | ||
| LEGAL & PROFESSIONAL | 75 | 75 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 15,266 | 15,266 | ||
| FOREIGN TAXES FROM PARTNERSHIP | 679 | 679 |