Description | Beginning of Year - Book Value | End of Year - Book Value |
---|---|---|
CURRENT FEDERAL EXCISE TAX PAYABLE | 16,064 | 0 |
DEFERRED FEDERAL EXCISE TAX LIABILITY | 299,255 | 388,241 |
UNDELIVERED SECURITIES PAYABLE | 5,120 | 0 |
MANAGEMENT FEES PAYABLE | 27,917 | 38,377 |