Bernard A. Friedman

IRAANDPENSION ACCOUNT: 48TH DISTRICT COURT — None — Buy (add'l)

Large Cap Blend/Victor Fund — Int/Div

AIM Fund — Int/Div — Investco Dynamic

Investco Dynamic — Int/Div

Templeton Foreign Fund — Int/Div

STATE OF MICHIGAN 401 K — None — Buy (add'l)

Dodge & Cox Stock Fund — Int/Div

Am Fund Euro-Pacific — Int/Div

Rainier Lg. Cap. (formerly Legg Mason) — Int/Div

Fidelity Fund Manager Program Portfolio Advisory (IRA) — Int/Div

Lloyd's Mobile Home Ltd. P'ship Int. — Distribution

Archwood Apt. Assoc. Ltd. Partnership Interest — Distribution

Lighthouse Pte. Apt. Project Limited Partners — None

Weathervane Apt. Assoc., a Ltd. Partnership — None

Bellridge Apartment Assoc., Limited Partnership — None

Kingsborough Ltd. P/S in Mobile Home Park — None

High Country, Ltd. — Distribution

OLTC, Ltd. — None

JPMorgan Chase — Int/Div — Changed - Bank One

Certificates of Deposit/Regular Savings - JP Morgan Chase — Interest

Nationwise Ins. Co. — Interest

U.S. Savings Bonds — Interest

CAPTION) COMMON STOCKS — None — Buy (add'l)

Pepsico — Int/Div

Disney — Int/Div

Kellogg — Int/Div

Lockheed Martin — Int/Div

CMS Energy — Int/Div

NCR — Int/Div

Teradata Corporation — None

Target — Int/Div

Wal-Mart — Int/Div

Glimcher Realty Trust — Int/Div

U.S. Bancorp — Int/Div

Magellan Fund - Fidelity — Interest

CAPTION) MUNICIPAL BONDS — None — Buy (add'l)

Milan MI Schools — Interest — Redeemed — Lynch

University of Cincinnati Ohio — Interest — Buy — Lynch

White Cloud Michigan Public Schools — Interest

ATT — Int/Div

Am. Bal. Fund — Int/Div

Waste Mgt — Int/Div

CD Banco Puerto Rico — Interest — Sold (part) — Lynch

CD Discovery Bank — Interest

MI St. Hosp. Authority *X — Interest — Redeemed — Lynch

Taylor County FL Sales Tax *X — Interest — Redeemed — Lynch

DCRen*X — Interest

White Cloud Pub Sch *X — Interest

Baltimore County M/T *X — Interest

Jasper Wir Wks/Wits *X — Interest

Metro Pea IL Ded Tax St *X — Interest

Rich LD - Dean Bissm In *X — Interest

Grand Rapids - Kent County *X — Interest

ND StMun Bd *X — Interest

Utah Trans Aut Sales Tx *X — Interest

Galveston Tx *X — Interest

Pennyslvania State U — Interest — Buy — Lynch

Morgan Stanley — Interest — Buy — Lynch

Washington State Motor — Interest — Buy — Lynch

Ohio State Higher Ed. — Interest — Buy — Lynch

Raleigh NC Pub — Interest — Buy — Lynch

Ill Financial Aut Rev — Interest — Buy — Lynch

Tortoise Energy — Interest

Memill Lynch Managed Account — Interest

CAPTION) IRAs and SEPs — None — Buy (add'l)

CAPTION) FIDELITY CORP. IRA — None — Buy (add'l)

Diversified International — Int/Div

Appreciation Fund — Int/Div

Stock Selector Fund — Int/Div

Magellan — Int/Div

CAPTION) FIDELITY SEP/IRA — None — Buy (add'l)

Fidelity Canada — Int/Div

Contrafund — Int/Div

Fidelity Bal — Int/Div

Fidelity Growth & Income — Int/Div

Alpine Realty Income — Int/Div

Fidelity Intemational Disc — Int/Div

Newberger Brennan P/S — Int/Div

Janus Fund — Int/Div

American Century IRA/S & F — Int/Div

CAPTION)T. ROWE PRICE SEP/IRA — None — Buy (add'l)

Capnal Appreciation — Int/Div

CAPTION) COMMON STOCK HELD BY WELLS FARGO — None — Buy (add'l) — bought Wachovia

Air Products & Chem. — Int/Div

Alcatel - Lucent — Int/Div

American Intemational Group — Int/Div

Archer Daniels Midland — Int/Div

Arkema — Int/Div

AT&T — Int/Div

Autoliv, Inc — Int/Div

Bnistol Myers Squibb — Int/Div

CISCO Systems — Int/Div

Citadel Broadcasting — Int/Div

Coca-Cola — Int/Div

Covidien, Ltd. — Int/Div

Fifth Third Bank — Int/Div

Gartner Group - B — Int/Div

General Electric — Int/Div

General Mills — Int/Div

Halliburton — Int/Div — Donated

Home Depot — Int/Div

Hospira Inc — Int/Div — Donated

Intel Corp. — Int/Div

Janus Cap Group, Inc — Int/Div

Johnson & Johnson — Int/Div

J. P. Morgan Chase — Int/Div

Kimberly Clark — Int/Div

Limited — Int/Div

LSI Corp. — Int/Div

Masco Corp. — Int/Div

McDonald's Corp. — Int/Div

Medco Health Solutions — Int/Div — Donated

Merck & Co. — Int/Div

Motorola — Int/Div

Pitney Bowes — Int/Div

Proassurance — Int/Div — last year

Prudential Financial — Int/Div

Royal Dutch Petroleum — Int/Div

Sysco Corp. — Int/Div

TE Connectivity — Int/Div — of Tyco Spinoff 3/10

Tyco Intemational — Int/Div

Wells Fargo — Int/Div

Walgreen — Int/Div

Walt Disney — Int/Div

Whole Foods — Int/Div

Zimmer Holdings — Int/Div — Donated

COLUMBIA SPECIAL FUND — Int/Div

JANUS OVERSEAS FUND — Int/Div — Donated

American Inv FDS European Growth — Int/Div

Federated Kaufman — Int/Div

R S Value Fund — Int/Div

Janus Contrarian *X — Int/Div

Neuberger & Berman Equity FD *X — Int/Div

Select Am Shares *X — Int/Div

Wells Fargo Bank CD — Int/Div — Buy — Fargo

CAPTION) J. P. MORGAN — None — Buy (add'l)

J. P. Morgan Mid-Cap Value Fund — Int/Div

J. P. Morgan Intrep. Mid-Cap — Int/Div

J. P. Morgan Small Cap Value Fund — Int/Div

J. P. Morgan Intemational Fund — Int/Div

CAPTION) VANGUARD — None — Buy (add'l)

Growth Index Fund — Int/Div

FIDELITY PORTFOLIO FND. MGR ACCT. (NO CTRL/ASSET SELEC. 1) — Int/Div

FIDELITY PORTFOLIO FND. MGR ACCT. (NO CTRL/ASSET SELEC. 2) — Int/Div

Manulife Financial *X — Int/Div

DFCUCD — Interest

WELLS FARGO IRA (heading) — Heading

Janus Contrarian *X — Interest

Rowe T Price *X — Interest

Select Am. Shares *X — Interest

Vanguard Equity Income *X — Interest

Vanguard Prime Cap *X — Interest

Vanguard Wellington *X — Interest

Vanguard Windsor *X — Interest

Agreement — 1982-pre — State of Michigan 48th District Court Pension Fund

Spouse's income — 2010 — Self-Employed Psychological Practice

All errors appearing on the Audit Report are heading lines (not investments).