| 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 |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ALCOA INC - 6.150% - 08/15/202 | 30,581 | 31,019 |
| ALLEGHENY TECH INC SR NT - 5.8 | 25,364 | 14,875 |
| AVON PRODS - 5.000% - 03/15/20 | 20,747 | 13,500 |
| CNA FINL CORP - 5.750% - 08/15 | 30,875 | 33,646 |
| DONNELLEY RR & SONS - 7.625% - | 25,712 | 25,813 |
| GEN ELEC - 6.000% - 07/15/2018 | 15,000 | 16,519 |
| HARTFORD FINL - 6.000% - 01/15 | 31,485 | 33,047 |
| HEWLETT-PACKARD CO - 4.650% - | 25,625 | 25,077 |
| INGRAM MICRO INC NT - 5.000% - | 41,729 | 40,820 |
| RELIANCE STEEL & ALUM - 4.500% | 25,755 | 23,499 |
| TIME WARNER CABLE INC - 4.000% | 23,500 | 25,255 |
| UNITRIN INC - 6.000% - 05/15/2 | 25,154 | 26,157 |
| WILLIAMS CO - 3.700% - 01/15/2 | 22,939 | 16,907 |
| XL GROUP PLC - 6.375% - 11/15/ | 31,370 | 35,105 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN FDS NEW ECONOMY FUND | 130,996 | 164,747 |
| AMERICAN FUNDS WASHINGTON MUTU | 171,106 | 201,066 |
| ARES CAPITAL CORPORATION - CLO | 20,796 | 16,530 |
| AT&T, INC | 10,219 | 12,388 |
| BRISTOL-MYERS SQUIBB CO | 13,560 | 23,389 |
| CONOCOPHILLIPS | 15,590 | 11,673 |
| DR PEPPER SNAPPLE GROUP, INC | 10,315 | 20,504 |
| DU PONT DE NEMOURS | 13,987 | 18,315 |
| GARMIN LTD | 18,139 | 13,381 |
| HALYARD HEALTH, INC | 272 | 401 |
| INTEL CORP | 10,183 | 16,881 |
| KIMBERLY CLARK CORP | 16,034 | 23,551 |
| KLA TENCOR CORP | 17,240 | 22,192 |
| PHILLIPS 66 | 16,623 | 20,450 |
| PITNEY BOWES INC | 10,714 | 10,325 |
| SCANNA CORP | 10,151 | 15,727 |
| SEAGATE TECHNOLOGY | 14,664 | 12,464 |
| SMALLCAP WORLD FD INC CL A | 120,545 | 133,131 |
| TARGA RESOURCES CORP | 6,843 | 4,465 |
| THE CHEMOURS CO | 749 | 295 |
| TIME WARNER CABLE INC | 6,908 | 19,487 |
| VERIZON COMMUNICATIONS | 17,778 | 19,412 |
| WEYERHAEUSER CO | 16,768 | 20,536 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 7,500 | 7,500 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2015 | 800 | |||
| 990-PF Excise Tax for 2014 | 869 |