| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| LOAN RECEIVABLE | 4,000 | 10,000 | 10,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 5,031 | 0 | 5,031 | 0 |
| TELEPHONE | 8,812 | 0 | 8,812 | 0 |
| STORAGE | 784 | 0 | 784 | 0 |
| OFFICE EXPENSE | 3,562 | 0 | 3,562 | 0 |
| BANK CHARGES | 1,094 | 0 | 1,094 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 15,200 | 0 | 15,200 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAX | 3,732 | 0 | 3,732 | 0 |
| NEW YORK STATE TAX | 50 | 0 | 50 | 0 |