| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,000 | 3,000 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| TYPEWRITER | 1985-12-31 | 737 | 737 | SL | 5.000000000000 | 0 | 0 | ||
| SURGE PROTECTOR | 2000-08-25 | 110 | 110 | SL | 5.000000000000 | 0 | 0 | ||
| HP COPIER/PRINTER/FAX/SCANNER | 2005-05-11 | 300 | 300 | SL | 5.000000000000 | 0 | 0 | ||
| LEATHER OFFICE CHAIR | 2005-04-09 | 110 | 110 | SL | 7.000000000000 | 0 | 0 | ||
| CHERRY DESK | 2005-04-08 | 484 | 484 | SL | 7.000000000000 | 0 | 0 | ||
| 4 CHAIRS | 2005-04-08 | 512 | 512 | SL | 7.000000000000 | 0 | 0 | ||
| LATERAL FILE | 2005-04-08 | 140 | 140 | SL | 7.000000000000 | 0 | 0 | ||
| MACBOOK LAPTOP | 2006-07-12 | 1,354 | 1,354 | SL | 5.000000000000 | 0 | 0 | ||
| FURNITURE | 2006-04-13 | 411 | 411 | SL | 7.000000000000 | 0 | 0 | ||
| COMPUTER CHARGER | 2008-08-25 | 99 | 99 | SL | 5.000000000000 | 0 | 0 | ||
| LAPTOP BATTERY | 2008-09-15 | 142 | 142 | SL | 5.000000000000 | 0 | 0 | ||
| PRINTER | 2009-01-15 | 150 | 150 | SL | 5.000000000000 | 0 | 0 | ||
| SHREDDER | 2011-02-14 | 110 | 64 | SL | 5.000000000000 | 22 | 0 | ||
| FAST SPEED SCANNER | 2011-04-14 | 434 | 239 | SL | 5.000000000000 | 87 | 0 | ||
| HARD DRIVE & FILEMAKER | 2011-07-18 | 252 | 121 | SL | 5.000000000000 | 50 | 0 | ||
| HP8600 PRINTER | 2013-09-19 | 140 | 7 | SL | 5.000000000000 | 28 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ACCENTURE PLC IRELAND CLA 217 SHS | 10,610 | 19,380 |
| ASTRAZENECA PLC SPON ADR 356 SHS | 15,712 | 25,055 |
| AT&T INC 551 SHS | 16,744 | 18,508 |
| CHEVRON CORP 154 SHS | 13,633 | 17,276 |
| CONOCOPHILLIPS 301 SHS | 15,536 | 20,787 |
| DUKE ENERGY CORP NEW 252 SHS | 14,131 | 21,052 |
| ORANGE SPON ADR 1257 SHS | 18,291 | 21,268 |
| GLAXOSMITHKLINE PLC 455 SHS | 18,927 | 19,447 |
| GOV'T PROPRETIES INCOME TR 719 SHS | 15,984 | 16,544 |
| HEALTH CARE REIT INC 348 SHS | 17,185 | 26,333 |
| INTEL CORP 877 SHS | 19,791 | 31,826 |
| JOHNSON & JOHNSON 253 SHS | 16,032 | 26,456 |
| KIMBERLY CLARK CORP 146 SHS | 10,266 | 16,869 |
| MICROSOFT CORP 47 SHS | 468 | 2,183 |
| MICROSOFT CORP 439 SHS | 12,266 | 20,392 |
| PEPSICO INC 183 SHS | 12,605 | 17,305 |
| PHILIP MORRIS INT'L INC 159 SHS | 11,399 | 12,951 |
| PROCTER & GAMBLE CO 197 SHS | 12,224 | 17,945 |
| ROYAL DUTCH SHELL PLC 277 SHS | 16,961 | 19,268 |
| SANOFI AVENTIS SPON ADR 376 SHS | 13,097 | 17,149 |
| TOTAL S A SPON ADR 373 SHS | 17,888 | 19,098 |
| VODAFONE GRP PLC NEW SPON ADR 617 SHS | 24,671 | 21,083 |
| LEGGETT & PLATT INC 733 SHS | 15,479 | 31,233 |
| PAYCHEX INC 567 SHS | 17,356 | 26,178 |
| CA INC 690 SHS | 17,757 | 21,011 |
| NEW YORK COMMUNITY BANCORP INC 1289 SHS | 16,352 | 20,624 |
| PENNYMAC MORTGAGE 794 SHS | 20,313 | 16,745 |
| WESTPAC BANKING CORP SPONSORED ADR 738 SHS | 16,196 | 19,852 |
| ZURICH INSURANCE GRP LTD 683 SHS | 15,233 | 21,310 |
| SMITHS GROUP PLC SPON ADR 786 SHS | 15,321 | 13,236 |
| TAL INT'L GROUP INC 482 SHS | 21,766 | 21,001 |
| BPOST SA 913 SHS | 18,214 | 23,261 |
| EATON CORP PLC 312 SHS | 20,342 | 21,204 |
| GENERAL ELECTRIC CO 1705 SHS | 43,614 | 43,085 |
| INDUSTRIAL & COMM BK OF CHINA 1447 SHS | 18,267 | 21,126 |
| MCDONALDS CORP 232 SHS | 21,712 | 21,738 |
| MUNICH RE GROUP ADR 916 SHS | 19,139 | 18,173 |
| ORKLA ASA SPON ADR 2318 SHS | 17,891 | 15,531 |
| OUTFRONT MEDIA/CBS OUTDOOR 608 SHS | 19,671 | 16,319 |
| SEAGATE TECHNOLOGY PLC 342 SHS | 21,538 | 22,743 |
| GDF SUEZ SPONSORED ADR 747 SHS | 20,021 | 17,403 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| FNMA 1997-46 PL | AT COST | 2,497 | 2,186 |
| GNMA 2001-57 D | AT COST | 2,463 | 2,780 |
| FNMA 2004-60 JB | AT COST | 4,941 | 5,248 |
| GNMA 2004-101 BE | AT COST | 6,805 | 7,744 |
| MASTER ASSET SEC TRUST 2003-10 3A5 | AT COST | 1,026 | 1,020 |
| BANK OF AM ALT 2003 10 4A2 | AT COST | 4,217 | 4,395 |
| FNMA 2005-109 GD | AT COST | 8,348 | 8,834 |
| FHLM 3258 JD | AT COST | 1,337 | 1,364 |
| HANCOCK JOHN INCOME CL C 8145.357 SHS | AT COST | 54,800 | 53,434 |
| NUVEEN HIGH INCOME BD CL C 12826.527 SHS | AT COST | 115,506 | 106,973 |
| PIMCO INCOME CL C 16494.982 SHS | AT COST | 204,778 | 203,383 |
| PIMCO REAL RETURN CL C 2154.667 SHS | AT COST | 27,408 | 23,529 |
| PIMCO TOTAL RETURN CL C 2298.431 SHS | AT COST | 0 | 0 |
| PRINCIPAL PREFERRED SECURITIES CL C 5504.790 SHS | AT COST | 57,864 | 56,479 |
| ROWE T PRICE CORP INCOME 2754.036 SHS | AT COST | 28,791 | 26,742 |
| ROWE T PRICE GNMA 2713.639 SHS | AT COST | 27,351 | 26,159 |
| VANGUARD INFLATION ADMIRAL CL 918.034 SHS | AT COST | 27,152 | 23,750 |
| VANGUARD LONG TERM ADMIRAL CL 2546.128 SHS | AT COST | 28,182 | 27,371 |
| THORNBURG INCOME BLDR CL C 1847.789 SHS | AT COST | 38,410 | 38,526 |
| FHLMC 4077 CL HA | AT COST | 33,261 | 35,155 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| TYPEWRITER | 737 | 737 | 0 | |
| SURGE PROTECTOR | 110 | 110 | 0 | |
| HP COPIER/PRINTER/FAX/SCANNER | 300 | 300 | 0 | |
| LEATHER OFFICE CHAIR | 110 | 110 | 0 | |
| CHERRY DESK | 484 | 484 | 0 | |
| 4 CHAIRS | 512 | 512 | 0 | |
| LATERAL FILE | 140 | 140 | 0 | |
| MACBOOK LAPTOP | 1,354 | 1,354 | 0 | |
| SOFTWARE | 438 | 438 | 0 | |
| FURNITURE | 411 | 411 | 0 | |
| COMPUTER CHARGER | 99 | 99 | 0 | |
| LAPTOP BATTERY | 142 | 142 | 0 | |
| PRINTER | 150 | 150 | 0 | |
| SHREDDER | 110 | 86 | 24 | |
| FAST SPEED SCANNER | 434 | 326 | 108 | |
| HARD DRIVE & FILEMAKER | 252 | 171 | 81 | |
| HP8600 PRINTER | 140 | 35 | 105 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 620 | 0 | 620 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| STUDENT LOAN RECEIVABLE | 864,197 | 845,378 | 845,378 |
| EXCISE TAX REFUND RECEIVABLE | 691 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BAD DEBTS | 22,024 | 0 | 0 | |
| BOND | 500 | 0 | 500 | |
| INSURANCE | 525 | 0 | 525 | |
| OFFICE EXPENSE | 1,771 | 0 | 1,771 | |
| MISCELLANEOUS | 11 | 11 | 0 | |
| SAFE DEPOSIT BOX | 75 | 75 | 0 | |
| STATE FILING FEE | 200 | 200 | 0 | |
| TELEPHONE & COMMUNICATIONS | 1,770 | 0 | 1,770 | |
| COURT COSTS | 32 | 0 | 32 | |
| COLLECTION FEES | 210 | 0 | 210 | |
| P O BOX RENTAL | 132 | 66 | 66 | |
| BANK CHARGES | 70 | 0 | 70 | |
| FOREIGN TAX WITHHELD | 2,095 | 2,095 | 0 | |
| WEB HOSTING, DOMAIN FEE WEB DOMAIN | 90 | 0 | 90 | |
| INVESTMENT MANAGEMENT FEES | 10,408 | 10,408 | 0 | |
| ADVERTISING | 139 | 0 | 139 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| STUDENT LOAN INTEREST | 23,127 | 23,127 | 23,127 |
| RECOVERY OF BAD DEBTS | 600 | 600 | |
| RETURN OF SCHOLARSHIP | 1,500 | 1,500 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FOREIGN TAX PAYABLE | 0 | 290 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 1,733 | 866 | 867 | |
| EXCISE TAX | 2,515 | 0 | 0 |