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        <FormAndLineReferenceDesc>Part I 8</FormAndLineReferenceDesc>
        <ExplanationTxt>Other revenue: We moved $5,000 from restricted scholarships to gen operating checking account to pay the scholarship to student. We moved $10,000 from CD at Glens Falls National Bank to purchase a $5,000 CD at Community Bank and open a $5,000 checking account.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I 16</FormAndLineReferenceDesc>
        <ExplanationTxt>Other expenses: We paid the $5,000 scholarship from checking.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part I 20</FormAndLineReferenceDesc>
        <ExplanationTxt>We became the fiduciary of the Bicentennial funds from the Bicentennial Committee.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part II 24</FormAndLineReferenceDesc>
        <ExplanationTxt>Other assets: We have a book inventory and sold some books. We also increased our scholarship reserve liability. Before : $6,305 End: $6,317</ExplanationTxt>
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        <FormAndLineReferenceDesc>Part II 26</FormAndLineReferenceDesc>
        <ExplanationTxt>Total Liabilities We added a Bicentennial committee fund and increased our scholarship reserves. Before: $11,805. End: $27,624</ExplanationTxt>
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