| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 1,738 | 0 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| COMPUTER EQUIPMENT | 2012-06-15 | 4,398 | 2,200 | SL | 5.000000000000 | 880 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BRUCE FUND | 56,343 | 73,359 |
| CANADIAN NAT'L RAILROAD | 75,436 | 111,760 |
| DODGE & COX INTL FD SHARES | 192,724 | 198,288 |
| DODGE & COX STOCK FUND SHARES | 207,602 | 297,207 |
| GROWTH FD OF AMERICA SHARES | 240,247 | 295,563 |
| NOVARTIS | 250,606 | 357,066 |
| SELECTED AMER SHARES | 0 | 0 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| I SHARE SILVER TRUST | AT COST | 810,847 | 376,337 |
| SPDR GOLD TRUST | AT COST | 435,840 | 314,830 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| COMPUTER EQUIPMENT | 4,398 | 3,080 | 1,318 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 504 | 0 | 0 | |
| INSURANCE | 500 | 0 | 0 | |
| MICHIGAN REGISTRATION FEE | 20 | 0 | 0 | |
| TRASPORTATION | 5,450 | 0 | 0 | |
| TELEPHONE | 3,231 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES | 2,278 | 2,278 | 0 | |
| EXCISE TAX | 2,845 | 0 | 0 |