| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INTEREST BEARING INVESTMENTS | AT COST | 31,250 | 31,250 |
| MORGAN STANLEY | AT COST | 409,654 | 381,367 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DUE FROM THIRD PARTIES | 0 | 50,000 | 50,000 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| BANK SERVICE CHARGE | 743 | 0 | 0 | |
| OTHER COSTS | 5,407 | 0 | 0 | |
| BROKERAGE FEES | 3,670 | 0 | 0 | |
| ACCOUNTING FEES | 1,437 | 0 | 0 |