| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| INT. & DIVIDENDS RECEIVABLE | 148,940 | 296,498 | 296,498 |
| INVESTMENT REDEMPTIONS RECVBL | 260,869,354 | 128,727,437 | 128,727,437 |
| PROG. REL. - FRESHWATER TRUST | 1,020,000 | 760,000 | 760,000 |
| PROG. REL. - FRB YUBA PROJECT | 637,500 | 537,500 | 537,500 |
| PROG. REL.-FRB YUBA PROJECT II | 0 | 2,000,000 | 2,000,000 |