| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 4,570 | 2,285 | 2,285 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| 8519 LOCH RAVEN RESIDENTIAL | 2013-08-01 | 60,800 | 9,765 | SL | 27.500000000000 | 2,211 | 2,211 | ||
| LAND | 2013-08-01 | 129,200 | L | 0 | 0 | ||||
| 8521/8523 LOCH RAVEN | 2013-08-01 | 400,000 | 45,298 | SL | 39.000000000000 | 10,256 | 10,256 | ||
| LAND | 2013-08-01 | 850,000 | L | 0 | 0 | ||||
| ROOF | 2013-08-01 | 76,707 | 8,688 | SL | 39.000000000000 | 1,967 | 1,967 | ||
| PAVING | 2013-11-01 | 24,180 | 6,717 | SL | 15.000000000000 | 1,612 | 1,612 | ||
| CARPET | 2016-06-30 | 12,000 | 3,600 | SL | 5.000000000000 | 2,400 | 2,400 | ||
| BUILDING IMPROVEMENTS | 2016-06-30 | 101,767 | 3,914 | SL | 39.000000000000 | 2,609 | 2,609 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 8519 LOCH RAVEN RESIDENTIAL | 60,800 | 11,976 | 48,824 | |
| LAND | 129,200 | 0 | 129,200 | |
| 8521/8523 LOCH RAVEN | 400,000 | 55,554 | 344,446 | |
| LAND | 850,000 | 0 | 850,000 | |
| ROOF | 76,707 | 10,655 | 66,052 | |
| PAVING | 24,180 | 8,329 | 15,851 | |
| CARPET | 12,000 | 6,000 | 6,000 | |
| BUILDING IMPROVEMENTS | 101,767 | 6,523 | 95,244 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MARKETABLE SECURITIES HELD AT BERNSTEIN | AT COST | 1,646,700 | 1,644,752 |
| Item No. | 1 |
|---|---|
| Lender's Name | M&T BANK |
| Lender's Title | |
| Relationship to Insider | NONE |
| Original Amount of Loan | 105,529 |
| Balance Due | 3,233 |
| Date of Note | |
| Maturity Date | |
| Repayment Terms | |
| Interest Rate | 5.570000000000 |
| Security Provided by Borrower | REAL PROPERTY |
| Purpose of Loan | |
| Description of Lender Consideration | |
| Consideration FMV |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK FEES | 55 | 28 | 27 | |
| INSURANCE | 0 | 0 | 0 | |
| FILING FEES | 300 | 300 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 12,537 | 12,537 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX PAID | 846 | 846 | 0 | |
| EXCISE TAX - NET INVESTMENT INCOME | 2,555 | 2,555 | 0 |