| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 5,530 | 4,148 | 1,382 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| SOFTWARE | 2015-07-10 | 10,000 | SL | 3.000000000000 | 1,667 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AVNET INC | 167,719 | 167,719 |
| E M C CORP MASS | 87,312 | 87,312 |
| GENERAL ELECTRIC CO | 205,590 | 205,590 |
| INTL BUSINESS MACH | 371,574 | 371,574 |
| MICROSOFT CORP | 754,528 | 754,528 |
| NETWORK APPLIANCE CORP | 45,101 | 45,101 |
| PC CONNECTION INC | 16,980 | 16,980 |
| POWERSHARES QQQ | 2,102,968 | 2,102,968 |
| SPDR S&P 500 ETF TRUST UNIT SER 1 S&P | 1,039,737 | 1,039,737 |
| SECTOR SPDR TR SHS BEN INT FINANCIAL | 190,640 | 190,640 |
| SYMANTEC CORP | 4,704 | 4,704 |
| VERIZON COMMUNICATIONS | 92,440 | 92,440 |
| WALMART STORES | 128,730 | 128,730 |
| FIDELITY INT'L DISCOVERY | 583,250 | 583,250 |
| FIDELITY LATIN AMERICA | 101,503 | 101,503 |
| FIDELITY SMALL CAP STOCK | 185,525 | 185,525 |
| FIDELITY BLUE CHIP | 758,209 | 758,209 |
| FIDELITY SMALL CAP VALUE | 857,793 | 857,793 |
| FIDELITY SELECT TECHNOLOGY | 389,143 | 389,143 |
| FIDELITY SELECT COMMUNICATION & EQUIPMENT PORT | 59,196 | 59,196 |
| FIDELITY SELECT TELECOMM | 28,912 | 28,912 |
| FIDELITY PURITAN | 267,863 | 267,863 |
| FIDELITY SELECT SOFTWARE & COMPUTER | 716,103 | 716,103 |
| FIDELITY EXPORT & MULTINATIONAL | 963,009 | 963,009 |
| FIDELITY VALUE | 779,272 | 779,272 |
| VENTAS INC | 259,578 | 259,578 |
| ALLSCRIPTS HEALTHCARE SOLUTIONS | 29,222 | 29,222 |
| AMAZON.COM, INC. | 1,149,013 | 1,149,013 |
| EBAY, INC. | 461,664 | 461,664 |
| ENTERPRISE GP HOLDINGS LP | 325,980 | 325,980 |
| EXXON MOBIL CORP. | 249,440 | 249,440 |
| MCDONALDS CORP. | 59,070 | 59,070 |
| FIDELITY HIGH INCOME | 673,233 | 673,233 |
| EXELON CORP | 55,457 | 55,457 |
| ISHARES CORE S&P SMALLCAP ETF | 517,517 | 517,517 |
| SPDR DOW JONES INDL AVERAGE ETF TR UNIT SER 1 | 1,514,249 | 1,514,249 |
| TOYOTA MOTOR CORP ADR-EACH REP 2 ORD | 110,736 | 110,736 |
| DU PONT E I DE NEMOURS & CO | 146,520 | 146,520 |
| FORD MTR CO DEL COM | 153,961 | 153,961 |
| INTEL CORP | 206,700 | 206,700 |
| SPRINT NEXTEL CORP FON SHS | 1,893 | 1,893 |
| STURM RUGER & CO INC | 65,571 | 65,571 |
| CVS HEALTH CORP COM | 391,080 | 391,080 |
| COMMUNITY BK SYS INC | 43,934 | 43,934 |
| COSTCO WHOLESALE CORP | 597,550 | 597,550 |
| DISNEY WALT CO | 52,540 | 52,540 |
| ISHARES TRANSPORTATION AVERAGE ETF | 229,041 | 229,041 |
| JPMORGAN CHASE & CO | 66,030 | 66,030 |
| LOEWS CORP | 42,240 | 42,240 |
| METLIFE INC COM | 178,377 | 178,377 |
| NBT BANCORP INC | 97,134 | 97,134 |
| PROCTER & GAMBLE CO | 15,882 | 15,882 |
| RESMED INC | 225,498 | 225,498 |
| ROYAL CARIBBEAN CRUISES COM | 748,954 | 748,954 |
| SECTOR SPDR TR SHS BEN INT ENERGY | 392,080 | 392,080 |
| SELECT SECTOR SPDR TR HEALTH CARE FOREMERLY CONSUMER SVCS | 223,293 | 223,293 |
| TJX COMPANIES INC | 468,006 | 468,006 |
| UNITED STATES NATURAL GAS FUND LP UNIT | 13,005 | 13,005 |
| UNITEDHEALTH GROUP | 294,100 | 294,100 |
| YAHOO INC | 13,304 | 13,304 |
| FIDELITY CONSERVATIVE INCOME BOND | 3,023,310 | 3,023,310 |
| AMERICAN EXPRESS CO | 13,910 | 13,910 |
| CARNIVAL CORP PAIRED | 49,032 | 49,032 |
| ISHARES GLOBAL INFRASTRUCTURE | 17,968 | 17,968 |
| JETBLUE AWYS CORP | 391,845 | 391,845 |
| ALPHABET INC CAP STK CL C (GOOG)ALPHABET INC CAP STK CL C (GOOG) | 121,421 | 121,421 |
| ALPHABET INC CAP STK CL A (GOOGL) | 124,482 | 124,482 |
| AT&T | 45,559 | 45,559 |
| CARE CAP | 35,156 | 35,156 |
| CHEMOURS CO COM | 4,824 | 4,824 |
| PAYPAL HOLDINGS | 271,500 | 271,500 |
| SECTOR SPDR TR SHS BEN INT TECHNOLOGY | 299,810 | 299,810 |
| TRANSOCEAN LIMITED COM | 12,380 | 12,380 |
| FIDELITY STOCK SELECTOR | 35,836 | 35,836 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| SOFTWARE | 10,000 | 1,667 | 8,333 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 4,587 | 0 | 4,587 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| ACCRUED INTEREST | 639 | 0 | 0 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSES | 11 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DUES AND SUBSCRIPTIONS | 750 | 375 | 375 | |
| MISCELLANEOUS EXPENSES | 2,142 | 0 | 2,142 | |
| OUTSIDE SERVICES | 3,000 | 0 | 3,000 | |
| INVESTMENT FEES | 36 | 36 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ENTERPRISE PRODUCTS PARTNERS L.P. | -22,345 | -22,345 | -22,345 |
| UNITED STATES NATURAL GAS FUND LP | -163 | -163 | -163 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN ON SECURITIES HELD | 106,580 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 10,890 | 0 | 0 | |
| NYS FILING FEE | 750 | 0 | 750 | |
| FOREIGN TAX PAID | 1,608 | 1,608 | 0 |