| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,900 | 2,900 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| SECURITIES - COMMON STOCKS | 1,029,621 | 1,245,875 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MICHIGAN ANNUAL REPORT | 20 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 5,544 | 5,544 | ||
| USB FEES | 185 | 185 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN WITHHOLDING TAX | 456 | 456 | ||
| FEDERAL EXCISE TAX | 4,582 |