| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| TAX AND ACCOUNTING | 2,275 | 228 | 2,047 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| ARDMORE SHIPPING CORP | AT COST | 11,649 | 11,649 |
| NORDIC AMERICAN TANKER | AT COST | 27,520 | 27,520 |
| TORM PLC | AT COST | 50,908 | 50,908 |
| J P MORGAN NASDAQ EQT | AT COST | 58,120 | 58,120 |
| Description | Amount |
|---|---|
| CURRENT YEAR UNREALIZED GAIN / (LOSSES) IN INVESTMENTS | 14,481 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| DUE TO 13982 N 67TH AVE LLC - ACCOUNTING FEES PAID | 0 | 2,275 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL TAXES | 38 | 0 | 0 |