| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 3,800 | 1,900 | 1,900 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SYSCO 2.6% CORP BD - 1,000 SH | 100,201 | 100,394 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| APPLE INC - 1,675 SH | 90,418 | 349,639 |
| ECOLAB INC - 1,875 SH | 158,240 | 386,831 |
| INTEL CORP - 11,300 SH | 370,613 | 535,733 |
| PAYCHEX INC - 4,800 SH | 193,696 | 392,160 |
| RAYTHEON CO - 2,500 SH | 230,926 | 463,300 |
| VARIAN MEDICAL SYS, INS - 2,550 SH | 104,615 | 270,122 |
| ABBVIE INC - 3,300 SH | 183,679 | 216,942 |
| JP MORGAN CHASE & CO - 4,900 SH | 311,900 | 538,314 |
| MERCK & CO INC NEW - 3,150 SH | 175,354 | 272,380 |
| BB&T - 8,000 SH | 288,956 | 381,200 |
| BOEING CO - 875 SH | 117,976 | 318,579 |
| CISCO SYS INC - 6,500 SH | 197,339 | 304,265 |
| CONOCOPHILLIPS - 5,300 SH | 186,497 | 276,554 |
| WALT DISNEY CO - 2,700 SH | 259,902 | 370,602 |
| STRYKER CORP - 1,800 SH | 221,816 | 397,188 |
| VULCAN MATERIALS CO - 1,750 SH | 217,608 | 247,188 |
| GILEAD SCIENCES INC - 2,300 SH | 262,499 | 270,756 |
| THERMO FISHER SCIENTIFIC INC - 1,065 SH | 217,276 | 305,719 |
| ALCON INC - 2,700 SH | 159,842 | 164,592 |
| JOHNSON & JOHNSON - 1,450 SH | 188,677 | 186,122 |
| LOCKHEED MARTIN - 635 SH | 171,761 | 243,910 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ISHARES BARCLAYS UST INFL PSF - 2,200 SH | AT COST | 251,438 | 258,830 |
| US BANCORP PFD SH 5.125% - 1,750 SH | AT COST | 184,625 | 178,719 |
| GENERAL ELECTRIC CO PFD 5% - 1,000 SH | AT COST | 104,250 | 90,750 |
| WATSON NT 3025% 10/1/2022 - 1,500 SH | AT COST | 148,731 | 153,423 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MISC. | 4,121 | 2,060 | 2,061 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL TAX WITHHELD | 2,446 | 615 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL FEES | 52,177 | 26,089 | 26,088 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX PAID (2018) | 18,800 | 9,400 | 9,400 | |
| FEDERAL EXCISE TAX PAID 2017 | 11,806 | 5,903 | 5,903 |