| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 6,916 | 691 | 691 | 6,225 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| PLASMA MONITOR & WALL MOU | 2007-02-16 | 1,786 | 1,786 | S/L | 5.0000 | ||||
| ULTRASONIC CLEANING MACHI | 2007-03-07 | 465 | 465 | S/L | 5.0000 | ||||
| LENOVO COMPUTER | 2006-02-10 | 1,810 | 1,810 | S/L | 5.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ETFS | 330,976 | 360,023 |
| MUTUAL FUNDS | 82,784 | 72,483 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4,061 | 4,061 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT LEGAL FEES | 61 | 61 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| OFFICE EXPENSES | 50 | 50 | ||
| INVESTMENT FEES | 6,210 | 6,210 | 6,210 | |
| ADVERTISING | 1,960 | 1,960 | ||
| BANK CHARGES | 50 | 50 | 50 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| NOTE PAYABLE HARRY GRAY | 63,362 | 63,362 |
| NOTE PAYABLE W ANDREW HODGE | 2,861 | |
| NOTE PAYABLE WAH | 200 | |
| INTEREST PAYABLE |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT OTHER PROFESSIONAL FEES | 10,828 | 10,828 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAXES | 156 | 156 | 156 | |
| LICENSES & PERMITS | 75 | 75 |