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      <AccountingFees>
        <Category>ACCOUNTING FEES</Category>
        <Amount>3250</Amount>
        <NetInvestmentIncome>1625</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </AccountingFees>
    </AccountingFeesSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc2018900001">
      <InvestmentsCorpStock>
        <NameOfStock>PERRY ELLIS INT'L - CS</NameOfStock>
        <EOYBookValue>544057</EOYBookValue>
        <EOYFMV>1595620</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>SPDR BARCLAYS CAPITAL HIGH</NameOfStock>
        <EOYBookValue>148803</EOYBookValue>
        <EOYFMV>160738</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>GS INVESTMENT GRADE CREDIT FUND</NameOfStock>
        <EOYBookValue>180215</EOYBookValue>
        <EOYFMV>193981</EOYFMV>
      </InvestmentsCorpStock>
      <InvestmentsCorpStock>
        <NameOfStock>PERRY ELLIS INT'L - CS</NameOfStock>
        <EOYBookValue>628445</EOYBookValue>
        <EOYFMV>553473</EOYFMV>
      </InvestmentsCorpStock>
    </InvestmentsCorpStockSchedule>
    <OtherExpensesSchedule documentId="RetDoc2003200001">
      <OtherExpenses>
        <Description>FEDERAL INCOME TAX REFUND</Description>
        <RevenueAndExpensesPerBooks>467</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
      <OtherExpenses>
        <Description>BANK CHARGES</Description>
        <RevenueAndExpensesPerBooks>26</RevenueAndExpensesPerBooks>
        <NetInvestmentIncome>0</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherExpenses>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc2002300001">
      <OtherProfessionalFees>
        <Category>BROKERAGE FEES</Category>
        <Amount>900</Amount>
        <NetInvestmentIncome>900</NetInvestmentIncome>
        <DisbursementsCharitablePrps>0</DisbursementsCharitablePrps>
      </OtherProfessionalFees>
    </OtherProfessionalFeesSchedule>
    <ReductionExplanationStatement documentId="RetDoc12000100057">
      <Explanation>TAXPAYER IS CLAIMING A 10% REDUCTION IN THE FMV OF PERRY ELLIS INTERNATIONAL. THE REASON IS THAT A SALE OF LARGE BLOCK OF THIS STOCK WOULD DEPRESS THE MARKET VALUE BECAUSE THIS IS A RELATED PARTY TRANSACTION UNDER THE RESTRICTIONS OF THE S.E.C.</Explanation>
    </ReductionExplanationStatement>
    <SubstantialContributorsSch documentId="RetDoc2089200001">
      <SubstantialContributor>
        <PersonName>GEORGE FELDENKREIS</PersonName>
        <USAddress>
          <AddressLine1>3000 NORTHWEST 107 AVENUE MIAMI FLA</AddressLine1>
          <AddressLine2>33172</AddressLine2>
          <City>MIAMI</City>
          <State>FL</State>
          <ZIPCode>33172</ZIPCode>
        </USAddress>
      </SubstantialContributor>
    </SubstantialContributorsSch>
  </ReturnData>
</Return>