| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING AND TAX FEES | 3,500 | 0 | 3,500 |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| BUILDING (GULF BREEZE, FL) | 2006-12-27 | 674,254 | 294,633 | SL | 39.000000000000 | 17,289 | 17,289 | ||
| LAND (GULF BREEZE, FL) | 2006-12-27 | 379,268 | L | 0 | 0 | ||||
| FURNITURE AND FIXTURES | 2002-06-30 | 2,811 | 2,811 | SL | 7.000000000000 | 0 | 0 |
| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| BUILDING (GULF BREEZE, FL) | 674,254 | 311,922 | 362,332 | 362,332 |
| LAND (GULF BREEZE, FL) | 379,268 | 0 | 379,268 | 379,268 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| INVESTMENTS | AT COST | 5,917,032 | 7,337,511 |
| ACCRUED DIVIDENDS RECEIVABLE | AT COST | 13,154 | 13,154 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| OFFICE SUPPLIES AND EXPENSES | 17,400 | 14,000 | 3,400 | |
| INVESTMENT EXPENSES (AHT) | 97 | 97 | 0 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MORGAN STANLEY DOMESTIC HOLDINGS, INC. (CAPITAL GAIN DISTRIBUTIONS) | 103,498 | 103,498 | 103,498 |
| OTHER INVESTMENT INCOME | 8,754 | 8,754 | 8,754 |
| MORGAN STANLEY DOMESTIC HOLDINGS, INC. (CAPITAL GAIN) | 159,239 | 159,239 | 159,239 |
| MADOFF VICTIM FUND SETTLEMENT | 9,280 | 9,280 | 9,280 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY DOMESTIC HOLDINGS, INC. (ADVISORY FEES) | 37,467 | 18,733 | 18,734 | |
| ADMINISTRATIVE SERVICE FEES | 258 | 0 | 258 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MORGAN STANLEY DOMESTIC HOLDINGS, INC. (FOREIGN TAXES) | 1,744 | 1,744 | 0 | |
| OTHER TAXES AND LICENSES | 1,404 | 0 | 1,404 | |
| FRANCHISE TAX | 4,586 | 0 | 4,586 |