| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| DEPOSIT WITH SCHOLARSHIP ADMINISTRATOR | 1,826,648 | ||
| NON-DEPRECIATING FIXED ASSETS | 304,941 | 304,942 | 304,942 |
| PENSION BENEFITS | 275,869 | 248,945 | 278,232 |
| MISCELLANEOUS RECEIVABLES | 103 | 307 | 307 |
| FLEX CLEARING ACCOUNT | 0 | 8,521 | 8,521 |