| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| CROSS TIMBERS ROYALTY TRUST | 168,265 | 54,600 |
| PERMIAN BASIN ROYALTY TRUST | 44,582 | 14,750 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| MINERAL INTEREST | AT COST | 19,000 | 7,000 |
| Description | Amount |
|---|---|
| BOOK/TAX TIMING DIFFERENCE | 116 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| BANK FEES | 152 | 152 | ||
| CROSS TIMBERS EXP | 1,893 | 1,893 | ||
| PERMIAN BASIN EXP | 143 | 143 | ||
| ROYALTY EXPENSES | 622 | 622 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| CROSS TIMBERS | 9,009 | 9,009 | |
| NATURAL GAS REVENUE | 2,070 | 2,070 | |
| PERMIAN BASIN | 1,793 | 1,793 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAX | 38 | 38 | ||
| INCOME TAX | 100 |