| 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 |
|---|
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ABBOTT LABS | 62,289 | 65,097 |
| ABBVIE INC | 15,518 | 59,647 |
| ALTRIA GROUP INC | 16,851 | 25,238 |
| AMERICAN EXPRESS CO | 44,913 | 57,097 |
| APPLE INC | 80,626 | 113,731 |
| BB&T CP | 16,331 | 24,736 |
| CHEVRON CORP | 74,728 | 77,785 |
| CREDIT ACCEPTANCE CORPORATION | 66,004 | 121,400 |
| DOUBLELINE TOTAL RETURN BOND | 95,797 | 93,884 |
| ISHARES S&P 1500 INDEX FD | 794,664 | 770,573 |
| ISHARES S&P 500 GROWTH INDEX F | 36,976 | 35,558 |
| MICROSOFT CORP | 154,120 | 158,449 |
| PIMCO ENHANCED SHORT MATURITY | 66,924 | 66,627 |
| PIMCO FLEXIBLE CREDIT INCOME F | 73,531 | 68,086 |
| SPDR S&P DIVIDEND ETF | 52,780 | 58,009 |
| THE COCA-COLA CO | 31,536 | 31,914 |
| TWEEDY BROWNE GLOBAL VALUE FUN | 40,643 | 39,200 |
| UNITED PARCEL SERVICE | 70,928 | 87,777 |
| VALERO ENERGY CORP | 11,989 | 12,670 |
| VANGUARD DIVIDEND APPRECIATION | 154,807 | 156,328 |
| VANGUARD DIVIDEND GROWTH FD | 161,568 | 152,342 |
| VANGUARD MID-CAP VALUE INDEX | 29,902 | 29,054 |
| VANGUARD SMALL-CAP VALUE ETF | 29,902 | 28,173 |
| VANGUARD ST BOND ETF | 20,008 | 20,114 |
| VANGUARD TOTAL STOCK MARKET ET | 16,838 | 19,655 |
| WELLS FARGO & CO | 526,527 | 472,596 |
| WISDOM TREE TOTAL DIVIDEND FUN | 40,083 | 45,356 |
| DOUBLELINE TOTAL RETURN BOND | 73,514 | 72,181 |
| ISHARES S&P 1500 INDEX FD | 65,801 | 66,352 |
| JPMORGAN TR I TTL RTRN FD SL | 21,051 | 20,567 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ANGEL OAK STRATEGIC MORTGAGE I | 250,000 | 258,306 | |
| KAYNE SENIOR CREDIT III OFFSHO | 177,672 | 179,916 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Administrative Fees | 15,720 | 15,720 | ||
| Bank Charges | 175 | 175 | ||
| State or Local Filing Fees | 25 | 25 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| 990-PF Estimated Tax for 2018 | 12,700 | |||
| 990-PF Excise Tax for 2017 | 6,689 |