| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDIRECT ACCOUNTING FEES | 2,360 | 2,360 | 2,360 | 1,125 |
| Contractor | Explanation |
|---|---|
| FIRST FINANCIAL TRUST AND ASSET MGMT | TRUSTEE |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| IRRIGATION WELL | 2003-03-07 | 40,582 | 40,582 | S/L | 10.0000 | ||||
| 7 TOWER PIVOT SYSTEM | 2003-04-15 | 35,252 | 35,252 | S/L | 10.0000 | ||||
| IRRIGATION WELL | 2004-07-08 | 6,997 | 6,997 | S/L | 10.0000 | ||||
| IRRIGATION PUMP & MOTOR | 2005-04-12 | 11,030 | 11,030 | S/L | 10.0000 |
| Name | Date Acquired | How Acquired | Date Sold | Purchaser Name | Gross Sales Price | Basis | Basis Method | Sales Expenses | Total (net) | Accumulated Depreciation |
|---|---|---|---|---|---|---|---|---|---|---|
| ALP LIQUIDATION TRUST | PURCHASE | 2018-11 | 516 | 516 | ||||||
| FIRST FINANCIAL TRUST & ASSET MGMT | PURCHASE | 1,061 | 1,061 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MORGAN STANLEY 7.30% | 100,763 | 101,518 |
| MICROSOFT CORP 4.20% | 172,048 | 171,078 |
| ORACLE CORPORATION 5.0% | 180,088 | 176,864 |
| APPLE INC 2.85% | 201,338 | 200,244 |
| INTEL CORP 3.10% | 200,135 | 200,210 |
| UNITED PARCEL SERVICE 5.125% | 143,317 | 143,845 |
| AMGEN INC 3.125% 5/01/2025 | 100,502 | 100,464 |
| SIMON PPTY GROUP LP 5.25% | 100,302 | 96,389 |
| MCDONALDS CORP 3.70% 1/30/2026 | 172,270 | 171,551 |
| GLAXOSMITH KLINE 5.65% | ||
| GILEAD SCIENCES CORP 3.65% 1/30/2026 | 245,050 | 245,050 |
| STRYKER CORP 3.50% 3/15/2026 | 169,833 | 168,280 |
| PURCHASED INTEREST | 2,053 | 2,053 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AMERICAN ELECTRIC POWER CO INC | 82,410 | 92,827 |
| AMGEN INC | 144,895 | 170,726 |
| APPLE INC | 155,499 | 307,908 |
| AT&T INC | 126,650 | 103,515 |
| BLACKROCK INC | 162,616 | 237,263 |
| CHEVRON CORPORATION | 159,335 | 190,274 |
| CISCO SYSTEMS | 101,848 | 203,521 |
| COCA COLA INC | 66,301 | 91,291 |
| CVS HEALTH CORP | 176,175 | 147,617 |
| DISCOVER FINANCIAL SERVICES | 130,771 | 137,895 |
| DUPONT E I DE NEMOURS | 136,773 | 169,746 |
| EATON CORP | 105,549 | 97,360 |
| HOME DEPOT | 119,726 | 154,466 |
| HONEYWELL INTERNATIONAL | 89,690 | 81,650 |
| INTEL CORP | 63,784 | 120,188 |
| INTERNATIONAL BUSINESS MACHINES | ||
| JOHNSON & JOHNSON INC | 109,302 | 203,254 |
| JPMORGAN CHASE | 128,183 | 267,088 |
| KLA-TENCOR CORP | 89,247 | 87,521 |
| LOCKHEED MARTIN CORP | 60,545 | 133,277 |
| MCDONALDS CORP | 88,277 | 149,514 |
| MERCK & CO | 167,461 | 256,203 |
| MICROSOFT CORP | 75,385 | 283,177 |
| MONDELEZ INTL INC | 170,038 | 163,042 |
| NIKE CLASS B | 78,686 | 107,873 |
| NOVARTIS AG SPON ADR | 125,820 | 178,656 |
| PEPSICO INC | 112,257 | 171,575 |
| PNC FINANCIAL SERVICES | 76,783 | 160,985 |
| PPL CORPORATION | 122,216 | 110,770 |
| PROCTOR & GAMBLE | ||
| ROYAL DUTCH SHELL PLC SPON ADR | 167,560 | 173,107 |
| SCHLUMBERGER LTD | ||
| STARBUCKS | 161,563 | 189,787 |
| THE WALT DISNEY COMPANY | 106,759 | 118,203 |
| TOTAL SPONSORED ADR | 130,008 | 127,267 |
| UNION PAC CORP | ||
| UNITED PARCEL SERVICE INC | 57,203 | 74,123 |
| VERIZON COMM | 108,891 | 121,997 |
| WELLS FARGO (NEW) |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BLACKROCK CREDIT STRATEGIES | AT COST | ||
| DODGE & COX INCOME FD | AT COST | ||
| DOUBLELINE TOTAL RETURN | AT COST | 235,761 | 226,013 |
| FEDERATED TOTAL RETURN BOND | AT COST | ||
| VANGUARD TOTAL BOND MARKET IDX ADM | AT COST | 460,053 | 455,534 |
| VANGUARD SHORT-TERM IG FUND ADM | 225,248 | 225,136 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| FARMLAND INPROVEMENTS | 93,861 | 93,861 | ||
| 2326 ACRES DAWSON COUNTY | 1,230,169 | 1,230,169 | 1,693,860 | |
| 744 ACRES GAINES COUNTY | 177,500 | 177,500 | 377,600 | |
| 1/8 UI WICHITA COUNTY | 13,130 | 13,130 | 21,179 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OIL & GAS MINERAL INTERESTS | 59,268 | 57,159 | 53,132 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| AGRICULTURE RENTS | ||||
| FARM CHEMICALS | ||||
| FERTILIZER | 5,839 | 5,839 | 5,839 | |
| INSURANCE | 9,567 | 9,567 | 9,567 | |
| REPAIRS | 6,345 | 6,345 | 6,345 | |
| SEED | 17,047 | 17,047 | 17,047 | |
| MISCELLANEOUS | 1,118 | 1,118 | 1,118 | |
| OIL & GAS ROYALTIES | ||||
| OPERATING CHARGES | 497 | 497 | 497 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL & GAS EXTRACTION | 372 | 372 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OIL & GAS EXTRACTION | 1,531 | 1,531 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAX ON INVESTMENTS | 4,362 | 4,362 | 4,362 | |
| FEDERAL EXCISE TAX | 10,744 | 10,744 | 10,744 | |
| OIL & GAS EXTRACTION | 58 | 58 | ||
| AGRICULTURE RENTS | 11,922 | 11,922 | 11,980 | |
| OIL & GAS ROYALTIES | 1,578 | 1,578 | 13,558 |