| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX PREPARATION FEES | 1,500 | 1,500 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| WELLS FARGO | AT COST | 902,021 | 1,453,350 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PREPAID INCOME TAX | 301 |
| Description | Amount |
|---|---|
| FEDERAL TAX | 699 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ADVISORY FEES | 9,629 | 9,629 | ||
| ADR FEES | 6 | 6 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL TAX PAYABLE | 1,000 | |
| MARGIN LOAN | 11,780 | |
| OTHER LIABILITIES | 30,965 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESMENT MANAGEMENT FEES | 310 | 310 |