| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 1,600 | 1,600 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| APPLE INC | 184,050 | 123,313 | 94,734 |
| MEADOWBROOK INSURANCE GROUP | 489,227 | 0 | 0 |
| MOLYCORP | 7,517 | 7,517 | 23 |
| NEWPARK RESOURCES | 2,393 | 0 | 0 |
| TITAN INTERNATIONAL | 95,784 | 127,904 | 43,340 |
| DOUBLELINE INCOME | 0 | 26,580 | 22,708 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 20 | 20 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ADJUSTMENT | 24,345 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 400 | 400 | 0 |