| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| Merrill - 02187 | 996,488 | 1,144,302 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| K-1 Oakley, LP | FMV | 203,831 | 203,831 |
| K-1 Flagship Healthcare OP, LP | FMV | 121,551 | 121,551 |
| K-1 Carnoustie Investments, LP | FMV | 87,848 | 87,848 |
| Flasgship Healthcare Trust DRIP Common Stock | FMV | 48,774 | 48,774 |
| Description | Amount |
|---|---|
| Basis Adjustment | 128,505 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| K-1 Flagship Healthcare OP, LP - Ordinary Rental Income | 1,267 | 1,267 | 0 | |
| K-1 Carnoustie Investments LP - Ordinary Loss | 231 | 231 | 0 | |
| K-1 Oakley LP - Ordinary Loss | 169 | 169 | 0 | |
| K-1 Non-deductible Meals - Flagship Healthcare OP, LP | 1 | 1 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Investment Fees | 11,218 | 11,218 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Federal Taxes | 480 | 0 | 0 | |
| Foreign Taxes | 20 | 20 | 0 |