| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,994 | 0 | 0 | 3,994 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 140A, HARDIN IA, TILE | 2014-12-29 | 1,883 | 412 | SL | 6.67 % | 126 | 126 | ||
| 140A, HARDIN IA, TILE | 2015-03-01 | 8,000 | 1,334 | SL | 6.67 % | 534 | 534 | ||
| 140A, HARDIN IA, TILE | 2016-03-01 | 4,700 | 470 | SL | 6.67 % | 313 | 313 | ||
| 140A, HARDIN IA, TILE | 2017-03-01 | 10,010 | 333 | SL | 6.67 % | 668 | 668 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| HORMEL FOODS CORP | 2,420,769 | 4,554,127 |
| BRINKER INTERNATIONAL INC | 58,840 | 55,855 |
| FORD MOTOR COMPANY | 348,511 | 188,152 |
| BERKSHIRE HATHAWAY, CL A | 562,000 | 612,000 |
| SEABOARD CORPORATION | 455,000 | 353,801 |
| DEERE & CO | 433,620 | 447,510 |
| JOHNSON & JOHNSON | 270,200 | 258,100 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BERNSTEIN INTERMEDIATE DURATION FUND | AT COST | 170,562 | 166,775 |
| INVESCO FUNDS, CHTRX | AT COST | 1,704 | 1,297 |
| FRANKLIN TEMPLETON FUNDS, FISEX | AT COST | 1,511 | 1,508 |
| FEDERATED FUNDS MDT ALL CAP CORE, QAACX | AT COST | 23,873 | 26,835 |
| FEDERATED FUNDS MDT LARGE CAP, QALGX | AT COST | 26,410 | 27,321 |
| MS STOCK OTHER | AT COST | 153,147 | 142,978 |
| MS MUTUAL FUNDS | AT COST | 87,666 | 82,517 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Improvements | 24,593 | 4,190 | 20,403 | 20,403 |
| Land | 586,389 | 586,389 | 5,535,600 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 64 | 64 | ||
| FOREIGN TAX EXPENSE | 117 | 117 | ||
| Rental Expenses | 23,007 | 23,007 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISOR FEES | 4,389 | 4,389 | 0 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ILLINOIS FILING FEES | 33 | 33 | ||
| TAX PAID ON INVESTMENT INCOME | 4,200 | 4,200 |