| 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 |
|---|---|---|---|
| EQUITY TRADING | FMV | 1,936,913 | 1,936,913 |
| UNREALIZED GAIN/LOSS | FMV | 263,044 | 263,044 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INTEREST AND DIVIDENDS REC | 1,452 | 8,398 | 8,398 |
| OTHER ASSETS | 28,317 | 34,089 | 34,089 |
| Description | Amount |
|---|---|
| FEDERAL TAXES | 2,671 |
| DEFERRED TAXES RELATED TO UNREALIZED INC | 25,434 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| SERVICES CONTRIBUTIONS | 24,250 | |||
| BANK CHARGES | 441 | |||
| ADVERTISING | 255,575 | |||
| INVESTMENT EXPENSE | 3,517 | |||
| 401K - EXPENSE | 1,294 | |||
| INSURANCE | 2,937 | |||
| MEALS | 212 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 127,172 |
| REALIZED GAIN - PR SOURCE | 46,049 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO AFFILIATES | 5,663 | 53,857 |
| DEFERRED TAX LIABILITY | 27,174 | 52,609 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROFESSIONAL SERVICES | 38,484 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| STATE SALES AND USE TAX | 4,222 | |||
| OTHER TAXES | 5 |