| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 25,580 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| TRUIST INVESTMENT ACCOUNT - #119995 - EQUITIES | 7,255,556 | 8,680,405 |
| TRUIST INVESTMENT ACCOUNT - #173617 - EQUITIES | 1,003,449 | 1,139,536 |
| EDWARD JONES INVESTMENT ACCOUNT - #25-1-9 - EQUITIES | 4,645,467 | 6,910,220 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| TRUIST INVESTMENT ACCOUNT - #119995 - FIXED INCOME - CD | AT COST | 750,000 | 749,548 |
| TRUIST INVESTMENT ACCOUNT - #119995 - EXCHANGE TRADED PRODUCTS | AT COST | 1,437,926 | 1,676,150 |
| EDWARD JONES INVESTMENT ACCOUNT - #25-1-9 - EXCHANGE TRADED FUNDS | AT COST | 1,011,920 | 1,451,271 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| 25% OWNERSHIP INTEREST IN AMERICAN CARGO GROUP TRAILERS, LLC | 30,000,000 | 0 | 0 |
| TRUIST INVESTMENT ACCOUNT #119995 - DIVIDENDS RECEIVABLE | 63,632 | 23,978 | 23,978 |
| TRUIST INVESTMENT ACCOUNT #119995 - INTEREST RECEIVABLE | 0 | 61,720 | 61,720 |
| OTHER TRUIST INVESTMENT ACCOUNT - #119995 | 219,797 | 188,000 |
| Description | Amount |
|---|---|
| UNDER-ACCRUAL OF PRIOR YEAR FEDERAL TAX | 953,932 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INDEPENDENT CONTRACTORS | 45,000 | 0 | 0 | |
| OFFICE EXPENSES | 2,871 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| INTEREST INCOME EARNED ON LOAN | 2,886,758 | 2,886,758 | 2,886,758 |
| ORDINARY INCOME FROM LLC K-1 - KAUFMAN TRAILERS, LLC | 736,829 | 736,829 | |
| ORDINARY INCOME FROM LLC K-1 - INDUSTRIAL MATERIAL SUPPLY, LLC | 1,382,433 | 1,382,433 | |
| ORDINARY INCOME FROM LLC K-1 - AMERICAN CARGO GROUP TRAILERS, LLC | -500,184 | -500,184 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT ACCOUNT FEES | 149,274 | 149,274 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FOREIGN TAXES PAID ON INVESTMENT INCOME | 371 | 371 | 0 | |
| STATE INCOME TAX EXPENSE | 72,862 | 72,862 | 0 | |
| FEDERAL INCOME TAX EXPENSE | 696,836 | 0 | 0 |