| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CAP TRUST | 116,766 | 106,949 |
| AMERITRADE | 385,560 | 471,257 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| PINE ISLAND WALNUT CREEK | 231,657 | 231,657 | 57,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| NOTE RECEIVABLE - JUBILEE MINISTRIES | AT COST | 100,000 | 100,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MICHIGAN ANNUAL FEE | ||||
| ADVISORY FEES | 5,907 | 5,907 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AMERITRADE - FOREIGN TAXES PAID | 136 | 136 | ||
| CAP TRUST - FOREIGN TAXES PAID | 31 | 31 |