| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| CMMS CPAS & ADVISORS PLLC | 7,225 | 4,631 | 4,696 | 2,529 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| OFFICE FURNITURE | 2016-07-01 | 1,104 | 527 | 200DB | 7.000000000000 | 25 | 0 | 79 | |
| OFFICE FURNITURE | 1995-07-01 | 9,277 | 9,277 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| OFFICE FURNITURE | 1997-07-01 | 282 | 282 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| COMPUTER ROUTER | 2017-01-11 | 836 | 418 | 200DB | 5.000000000000 | 0 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| AT&T INC (5,000) | 132,496 | 83,900 |
| ABBVIE INC (1,500) | 138,498 | 232,455 |
| ALTRIA GROUP INC (1,000) | 52,358 | 40,340 |
| AMERICAN ELECTRIC POWER INC (1,000) | 61,464 | 81,220 |
| AMERICAN TOWER CORP (1,000) | 223,514 | 215,880 |
| CAMPING WORLD HLDGS INC (1,350) | 49,990 | 35,451 |
| CATERPILLAR INC (800) | 103,961 | 236,536 |
| CENOVUS ENERGY INC (8,200) | 29,178 | 136,530 |
| CHEVRON CORP (300) | 22,884 | 44,748 |
| CISCO SYSTEMS INC (1,000) | 34,162 | 50,520 |
| CITIGROUP INC (550) | 30,912 | 28,292 |
| COMCAST CORP NEW CL A (1,500) | 16,094 | 63,315 |
| CONSOLIDATED EDISON INC (800) | 60,391 | 72,776 |
| CRESCENT CAP BDC INC (1,535) | 41,428 | 26,678 |
| CUBESMART REIT (1,050) | 24,142 | 48,668 |
| DOMINION ENERGY (350) | 27,098 | 16,450 |
| EXXON MOBIL CORP (800) | 52,049 | 79,984 |
| FORD MTR COMPANY (1,000) | 10,551 | 12,190 |
| GENERAL MLS INC (500) | 24,009 | 32,570 |
| GILEAD SCIENCES INC (600) | 40,359 | 48,606 |
| HOME DEPOT INC (200) | 44,179 | 69,310 |
| INTL BUSINESS MACHINES (300) | 40,270 | 49,065 |
| INTL PAPER CO (1,600) | 51,366 | 57,840 |
| JPMORGAN CHASE & CO (300) | 32,045 | 51,030 |
| KYNDRYL HLDGS INC (60) | 1,766 | 1,246 |
| LAS VEGAS SANDS CORP (400) | 22,392 | 19,672 |
| MACYS INC (1,000) | 30,842 | 20,050 |
| METLIFE INC (750) | 29,575 | 49,598 |
| NEWMARK GROUP INC (2,087) | 18,526 | 22,874 |
| OCCIDENTAL PETE CORP (1,000) | 63,641 | 59,710 |
| OCCIDENTAL PETE CORP WARRANT EXP(125) | 619 | 4,866 |
| OLD REP INTL CORP (1,700) | 39,972 | 49,980 |
| PERMAIN BASIN ROYALTY TR (4,040) | 19,759 | 56,398 |
| PFIZER INC (800) | 26,817 | 23,032 |
| PHILIP MORRIS INTL CORP (500) | 41,774 | 47,040 |
| PRUDENTIAL FINL INC (1,400) | 123,861 | 145,194 |
| QUALCOMM INC (3,200) | 394,616 | 462,816 |
| SSE PLC SPONSORED ADR (1,600) | 24,638 | 37,856 |
| SABINE ROYALTY TRUST (1,000) | 11,250 | 67,860 |
| SAN JUAN BASIN ROYALTY TR (20,040) | 141,533 | 101,803 |
| SOUTHERN CO (1,150) | 68,088 | 80,638 |
| US BANCORP DEL COM (750) | 30,555 | 32,460 |
| UNITED PARCEL SERVICE INC (400) | 41,250 | 62,892 |
| VERIZON COMM. INC (2,000) | 107,128 | 75,400 |
| VIATRIS INC (99) | 1,475 | 1,072 |
| VODAFONE GROUP PLC (2,100) | 38,146 | 18,270 |
| WABTEC CORP (2) | 156 | 254 |
| WELLS FARGO CO NEW (500) | 25,462 | 24,610 |
| SEAGATE TECHNOLOGY PLC (660) | 24,793 | 56,344 |
| LL & E ROYALTY TRUST (2,500) | 7,116 | 0 |
| FIDUS INVT CORP (3,000) | 54,075 | 59,070 |
| INVESCO SENIOR INCOME TR (5,000) | 49,758 | 20,500 |
| INVESCO MUNI INCOME OPPS TR (7,416) | 56,179 | 47,092 |
| LORD ABBETT FLOATING RATE FD(10,810.811) | 99,373 | 88,000 |
| LORD ABBETT BOND DEBENT. FD(38,397.588) | 306,003 | 271,855 |
| LORD ABBETT HIGH YIELD FD (13,140.975) | 100,137 | 83,051 |
| ABBVIE INC NTS (50,000) | 48,441 | 48,459 |
| THE ALLSTATE CORP NTS (50,000) | 55,141 | 51,349 |
| BROOKFIELD ASSET MANAGEMENT (50,000) | 50,159 | 49,214 |
| COMCAST CORP NTS (50,000) | 63,997 | 58,929 |
| CONSOLIDATED EDISON CO OF NY(50,000) | 55,417 | 49,104 |
| EAGLE POINT CREDIT CO (1,000) | 25,884 | 21,580 |
| ENTERGY NEW ORLEANS INC (4,000) | 100,070 | 90,960 |
| ENTERGY LOUISIANA LLC 4.875% (1,120) | 24,834 | 23,811 |
| GENERAL ELECTRIC CO MTN (50,000) | 54,002 | 48,981 |
| GOLDMAN SACHS GROUP INC (50,000) | 53,705 | 51,476 |
| LAZARD GROUP LLC (50,000) | 49,402 | 47,305 |
| ORACLE CORP NTS (50,000) | 51,911 | 46,686 |
| CONOCOPHILLIPS NTS (50,000) | 56,614 | 55,924 |
| AGREE RLTY CORP REIT (1,000) | 62,458 | 62,950 |
| AGNC INVESTMENT CORP 6.125 (2,100) | 50,037 | 45,696 |
| BEST BUY INC (300) | 23,205 | 23,484 |
| BANK OF AMERICA CORP 4.5% (100,000) | 100,005 | 98,789 |
| WELLS FARGO & CO STEPPED 4.5% (100,000) | 100,005 | 98,748 |
| BROADCOM (50) | 28,018 | 55,812 |
| DARDEN RESTAURANTS INC (200) | 28,317 | 32,860 |
| GOLDMAN SACHS BDC INC (1,250) | 24,944 | 18,312 |
| AMPLIFY CWP ENHANCED DIV INCOME ETF (700) | 26,054 | 25,585 |
| RITM CAPITAL CORP 7% (2,000) | 47,743 | 43,640 |
| WARNER BROS DISCOVERY INC (1,209) | 40,620 | 13,758 |
| ONEOK INC NEW (7,200) | 0 | 505,584 |
| JPMORGAN CHASE FINANCIAL CO MTN 5.0% (50,000) | 50,005 | 49,041 |
| ROYAL BANK OF CANADA MTN 5.0% (50,000) | 50,006 | 48,777 |
| THE TORONTO-DOMINION BANK MTN 5.35% (150,000) | 150,001 | 149,600 |
| WELLS FARGO & COMPANY MTN 5.0% (40,000) | 40,005 | 39,169 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| OIL & GAS MINERAL INTERESTS | FMV | 131,616 | 275,662 |
| INVESCO MUNI INCOME FD CLASS Y (1742.017) | FMV | 23,828 | 21,044 |
| NUVEEN MUNICIPAL CREDIT INC FD (1923.00) | FMV | 29,906 | 22,730 |
| INVESCO QUALITY MUNI INC (3,800.00) | FMV | 52,725 | 36,138 |
| MISCELLANEOUS ASSETS | FMV | 143 | 143 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE FURNITURE | 1,104 | 1,104 | 0 | |
| OFFICE FURNITURE | 9,277 | 9,277 | 0 | |
| OFFICE FURNITURE | 282 | 282 | 0 | |
| COMPUTER ROUTER | 836 | 836 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INSURANCE | 2,162 | 1,405 | 1,405 | 757 |
| MISCELLANEOUS | 359 | 359 | 359 | 0 |
| OFFICE SUPPLIES | 255 | 164 | 166 | 89 |
| UTILITIES & TELEPHONE | 3,609 | 2,313 | 2,346 | 1,263 |
| MISC EXPENSE - ROYALTIES | 11,208 | 11,208 | 11,208 | 0 |
| ROYALTY ADMIN EXPENSE | 1,092 | 710 | 710 | 382 |
| MEMBERSHIPS/SUBSCRIPTIONS | 42 | 42 | 42 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OIL & GAS ROYALTIES | 136,632 | 136,632 | 0 |
| Description | Amount |
|---|---|
| PERCENTAGE DEPLETION | 13,783 |
| COST DEPLETION | 962 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OIL & GAS PRODUCTION TAXES | 16,146 | 16,146 | 16,146 | 0 |
| AD VALOREM TAXES | 5,488 | 5,488 | 5,488 | 0 |
| FOREIGN TAXES PAID | 446 | 446 | 446 | 0 |
| OKLAHOMA STATE INCOME TAX | 41 | 41 | 41 | 0 |
| EXCISE TAX | 6,006 | 0 | 0 | 0 |