| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 2,900 | 2,465 | 0 | 435 |
| 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 CHAIR | 2006-08-22 | 1,427 | 1,427 | 200DB | 7.000000000000 | 0 | 0 | 0 | |
| LEXMARK E2 | 2006-07-13 | 277 | 277 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2013-01-16 | 1,567 | 1,567 | 200DB | 5.000000000000 | 0 | 0 | 0 | |
| COMPUTER | 2014-12-03 | 1,356 | 1,356 | 200DB | 5.000000000000 | 0 | 0 | 0 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| MIDFIRST INVESTMENTS | 767,400 | 2,301,897 |
| Category / Item | Cost / Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| OFFICE CHAIR | 1,427 | 1,427 | 0 | |
| LEXMARK E2 | 277 | 277 | 0 | |
| COMPUTER | 1,567 | 1,567 | 0 | |
| COMPUTER | 1,356 | 1,356 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| OIL AND GAS ASSETS | 8,306 | 8,306 | 1,596,768 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT EXPENSES | 13,983 | 13,983 | 0 | 0 |
| OFFICE EXPENSE | 2,503 | 2,127 | 0 | 375 |
| INTERNET EXPENSE | 233 | 198 | 0 | 35 |
| MEDICAL INSURANCE | 1,413 | 1,201 | 0 | 212 |
| LEASE OPERATING EXPENSE | 976 | 976 | 0 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| ROYALTY INCOME | 266,128 | 266,128 | 266,128 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN/LOSS | 27,360 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 14,065 | 0 | 0 | 0 |
| FOREIGN TAXES PAID | 387 | 387 | 0 | 0 |
| ROYALTY TAXES | 235 | 235 | 0 | 0 |