This is true as a single point measurement - but is also results in lower income over the long run for the school.
It will result in additional disposable income within the region of about $1.5 billion annually from about 32,500 families.
However, the economy has since stabilized, resulting in steady income over the last three years.
And he fully expects that his current mobilization will result in lost income well into six figures.
That resulted in taxable income of $19,094, upon which $1,263 was paid in taxes.
An $11.8 million gain from investment sales resulted in net income of $724.4 million, or $1.53 a share.
A year earlier, a $9.4 million gain from investment sales resulted in net income of $633.8 million, or $1.34.
The charge for the computer unit resulted in net income of $262 million, or 16 cents a share.
The process for the sale of surplus land was improved, resulting in increased income.
Such trusts, with an 18-month rule, would result in ordinary income for investors, which was not intended.