| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,600 | 800 | 800 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ROYAL DUTCH SHELL PLC ADR | 301,641 | 847,115 |
| COCA COLA CO. | 112,702 | 126,615 |
| GENERAL ELECTRIC CO. | 16,081 | 16,117 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MN REGISTRATION FEE | 25 | 0 | 25 | |
| WELLS TAX SUBSCRIPTION ACCT | 12 | 12 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX PAID | 37 | 0 | 0 | |
| FEDERAL ESTIMATED EXCISE TAX PAID | 600 | 0 | 0 |