| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN RECEIVABLE | 4,000 | 4,000 | 4,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 13,269 | 0 | 13,269 | 0 |
| TELEPHONE | 12,347 | 0 | 12,347 | 0 |
| STORAGE | 2,780 | 0 | 2,780 | 0 |
| OFFICE EXPENSE | 1,744 | 0 | 1,744 | 0 |
| BANK CHARGES | 784 | 0 | 784 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 12,400 | 0 | 12,400 | 0 |
| NEW YORK STATE TAX | 752 | 0 | 752 | 0 |