| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| LIFE INSURANCE |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| LAND IN HAITI | 20,000 | 20,000 | 20,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| LIFE INSURANCE PREMIUMS | 12,000 | 12,000 | ||
| CHARITABLE ENDEAVORS | 5,000 | 5,000 | ||
| ADMIN EXPENSES | 2,004 | 2,004 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NET LIFE INSURANCE PROCEEDS | 239,764 | 239,764 |