| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING | 3,600 | 3,600 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| COPIER | 1996-02-09 | 4,752 | 4,752 | S/L | 5.0000 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| VARIOUS CORPORATE STOCKS-CULLE | 586,765 | 1,893,955 |
| VARIOUS CORPORATE BONDS AND ST | 101,303 | 155,610 |
| VARIOUS CORPORATE STOCKS - SUMMIT | 684,874 | 902,428 |
| VARIOUS CORPORATE STOCKS - ISSACHAR | 250,000 | 221,748 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| 4,752 | 4,752 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| EXPENSES | ||||
| MGMT FEES | 37,260 | 37,260 | ||
| OFFICE EXPENSES | 121 | 121 | ||
| DUES AND SUBSCRIPTIONS | 15 | 15 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID | 458 | 458 | ||
| FEDERAL TAX EXPENSE | 5,489 | |||
| LICENSES | 15 | 15 |