| 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 |
|---|---|
| EXCISE TAXES PAID | 40,963 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK CHARGES | 147 | 147 | ||
| CONFERENCES | 750 | 750 | ||
| INTERNET | 1,518 | 1,518 | ||
| MEETING EXPENSES | 3,407 | 3,407 | ||
| OFFICE SUPPLIES | 835 | 835 | ||
| PARKING & TOLLS | 725 | 725 | ||
| POSTAGE | 158 | 158 | ||
| TELEPHONE | 1,693 | 1,693 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| Other Investment Income | 2,104,700 | 2,104,700 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MICHIGAN UNEMPLOYMENT TAXES | 275 | 275 | ||
| REAL ESTATE TAXES | 2,761 | 2,761 | ||
| SOCIAL SECURITY/MEDICARE | 7,803 | 7,803 |