| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INVESTMENT | 2,029,060 | 2,758,479 | 3,141,230 |
| DUE FROM BROKER | 3,159 | 3,038 | 3,038 |
| EXCHANGE | 664 | 664 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ADVISORY FEES | 12,681 | 12,681 | 0 | |
| FILING FEES | 500 | 500 | 0 | |
| ADVERTISING | 160 | 160 | 0 | |
| BANK FEES | 19 | 19 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 300 | 0 | 0 | |
| FOREIGN TAXES | 526 | 526 | 0 |