| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 4,862 | 0 | 0 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING - WEST MOUNTAIN | 2009-03-19 | 282,458 | 78,164 | SL | 39.000000000000 | 7,243 | 7,243 | ||
| APPLE COMPUTER | 2010-05-04 | 1,825 | 1,825 | 200DB | 5.000000000000 | 0 | 0 |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BOND INVESTMENTS | 250,000 | 250,000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| EQUITY INVESTMENTS | 10,439,537 | 10,439,537 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING - WEST MOUNTAIN | 282,458 | 85,407 | 197,051 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENT IN PARTNERSHIPS | AT COST | 494,536 | 494,536 |
| Description | Amount |
|---|---|
| STOCK BASIS ADJUSTMENT | 369,486 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL SERVICE FEES | 1,427 | 0 | 1,427 | |
| 401(K) FEES | 2,223 | 0 | 2,223 | |
| MISCELLANEOUS FEES | 55 | 0 | 0 | |
| INSURANCE | 4,846 | 0 | 0 | |
| TRAVEL | 9,456 | 0 | 0 | |
| INSURANCE | 500 | 500 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| 1099 INCOME - MORGAN STANLEY | 25,594 | 25,594 | 25,594 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| PAYROLL LIABILITIES | 0 | 49 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 76,198 | 76,198 | 0 | |
| MANAGEMENT FEES | 256,967 | 97,552 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN INCOME TAX | 9,861 | 9,861 | 0 | |
| FEDERAL INCOME TAX | 11,500 | 0 | 0 |