| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 7,700 | 7,700 | 7,700 |
| Category | Amount |
|---|---|
| NONE |
| 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 |
|---|
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| E-TRADE BEAL BANK USA CD 6 MO | FMV | 200,000 | 201,702 |
| NV CAPITAL CORP TRUST DEED 1YR | FMV | 200,000 | 200,000 |
| E-TRADE MUTUAL FUNDS | 62,139 | 62,139 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| DAWSON & LORDAHL | 270 | 270 | 270 |
| Description | Amount |
|---|---|
| NONDEDUCTIBLE EXPENSE | 208 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE EXPENSE | 648 | 648 | 648 | |
| BANK FEES | 120 | 120 | 120 | |
| UTILITIES | 4,084 | 4,084 | 4,084 |
| Description | Amount |
|---|---|
| NONTAXABLE INCOME | 200,018 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL INCOME TAX EXPENSE |