| 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 |
|---|
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LOWTHER JOHNSON | 8,905 | 731 | 8,174 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OTHER ASSETS | 18,346 | 51,238 | 51,238 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 326,215 | 326,215 | ||
| REPAIRS | 2,154 | 2,154 | ||
| OFFICE EXPENSES | 1,970 | 197 | 1,773 | |
| DUES & SUBSCRIPTIONS | 1,146 | 1,115 | 31 | |
| OTHER FEES | 10 | 1 | 9 | |
| UTILITIES | 22,148 | 22,148 | ||
| OTHER EXPENSE | 755 | 243 | 512 | |
| PROPERTY INSURANCE | 13,380 | 13,380 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 16,787 | 13,937 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| OTHER LIABILITIES | 19,059 | 18,107 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXCISE TAXES | 76,245 | |||
| FOREIGN TAXES | 14,078 | 14,078 | ||
| PAYROLL TAXES | 13,353 | 1,335 | 12,018 | |
| PROPERTY TAXES | 66 | 66 |