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        <LifeRt>7.0000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>COMPUTER</PropertyDesc>
        <AcquiredDt>1997-09-09</AcquiredDt>
        <CostOrOtherBasisAmt>2059</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2059</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NEW LIFE RAFTS</PropertyDesc>
        <AcquiredDt>2012-09-06</AcquiredDt>
        <CostOrOtherBasisAmt>9803</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>9803</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NEW PHONE</PropertyDesc>
        <AcquiredDt>2012-09-06</AcquiredDt>
        <CostOrOtherBasisAmt>4495</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4495</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>IRIDIUM PHONE</PropertyDesc>
        <AcquiredDt>2011-07-06</AcquiredDt>
        <CostOrOtherBasisAmt>1297</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1297</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>STABILIZERS</PropertyDesc>
        <AcquiredDt>2001-08-01</AcquiredDt>
        <CostOrOtherBasisAmt>27000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>27000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FLYBRIDGE</PropertyDesc>
        <AcquiredDt>2001-08-03</AcquiredDt>
        <CostOrOtherBasisAmt>3851</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3851</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FLYBRIDGE</PropertyDesc>
        <AcquiredDt>2001-08-16</AcquiredDt>
        <CostOrOtherBasisAmt>6361</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6361</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>STABILIZERS</PropertyDesc>
        <AcquiredDt>2001-10-12</AcquiredDt>
        <CostOrOtherBasisAmt>33500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>33500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
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      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ABS MARINE HYDRAL</PropertyDesc>
        <AcquiredDt>2001-12-17</AcquiredDt>
        <CostOrOtherBasisAmt>34555</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>34555</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MAXWELL WINCHES</PropertyDesc>
        <AcquiredDt>2001-07-31</AcquiredDt>
        <CostOrOtherBasisAmt>2812</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2812</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SEARCHER II AQUISIT</PropertyDesc>
        <AcquiredDt>2001-07-26</AcquiredDt>
        <CostOrOtherBasisAmt>2939000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2939000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>CARPET RUNNERS</PropertyDesc>
        <AcquiredDt>2001-11-09</AcquiredDt>
        <CostOrOtherBasisAmt>1300</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1300</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LIFE SAVING DEVICE</PropertyDesc>
        <AcquiredDt>2001-12-31</AcquiredDt>
        <CostOrOtherBasisAmt>1490</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1490</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>KEWALO SHIP</PropertyDesc>
        <AcquiredDt>2002-11-05</AcquiredDt>
        <CostOrOtherBasisAmt>10060</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>10060</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>TELENOR SATELLITE</PropertyDesc>
        <AcquiredDt>2003-10-06</AcquiredDt>
        <CostOrOtherBasisAmt>4418</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4418</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>ENGINE</PropertyDesc>
        <AcquiredDt>2005-06-03</AcquiredDt>
        <CostOrOtherBasisAmt>8525</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>8525</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>REPLACE FENDER</PropertyDesc>
        <AcquiredDt>2005-06-03</AcquiredDt>
        <CostOrOtherBasisAmt>23374</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>23374</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>MAPCO - FANS</PropertyDesc>
        <AcquiredDt>2005-09-07</AcquiredDt>
        <CostOrOtherBasisAmt>4916</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>4916</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>WATERMAKER</PropertyDesc>
        <AcquiredDt>2007-03-27</AcquiredDt>
        <CostOrOtherBasisAmt>11475</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>11475</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>VESSEL MONITORING</PropertyDesc>
        <AcquiredDt>2007-05-18</AcquiredDt>
        <CostOrOtherBasisAmt>1986</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>1986</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>FUEL BLADDERS</PropertyDesc>
        <AcquiredDt>2007-06-29</AcquiredDt>
        <CostOrOtherBasisAmt>3499</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3499</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>RADAR SYSTEMS</PropertyDesc>
        <AcquiredDt>2007-11-29</AcquiredDt>
        <CostOrOtherBasisAmt>6490</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6490</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NIGHT SCOPE</PropertyDesc>
        <AcquiredDt>2008-06-16</AcquiredDt>
        <CostOrOtherBasisAmt>2500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2500</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BAYSIDE NEW ENGINE</PropertyDesc>
        <AcquiredDt>2011-08-06</AcquiredDt>
        <CostOrOtherBasisAmt>3000</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>3000</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>BAYSIDE NEW MOTOR</PropertyDesc>
        <AcquiredDt>2011-07-15</AcquiredDt>
        <CostOrOtherBasisAmt>5117</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>5117</PriorYearDepreciationAmt>
        <ComputationMethodTxt>200DB</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NEW BOAT</PropertyDesc>
        <AcquiredDt>2018-05-17</AcquiredDt>
        <CostOrOtherBasisAmt>16150</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>14804</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
        <CurrentYearExpenseAmt>1346</CurrentYearExpenseAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>NEW MOTOR</PropertyDesc>
        <AcquiredDt>2018-06-28</AcquiredDt>
        <CostOrOtherBasisAmt>2500</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>2250</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
        <CurrentYearExpenseAmt>250</CurrentYearExpenseAmt>
        <AdjustedNetIncomeAmt>250</AdjustedNetIncomeAmt>
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      <DepreciationPropertyGrp>
        <PropertyDesc>TENDER</PropertyDesc>
        <AcquiredDt>2019-06-06</AcquiredDt>
        <CostOrOtherBasisAmt>9227</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>6613</PriorYearDepreciationAmt>
        <ComputationMethodTxt>S/L</ComputationMethodTxt>
        <LifeRt>5.0000</LifeRt>
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      <InvestmentsCorporateStockGrp>
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        <StockNm>VANGUARD SMALL-CAP IDX FD ADM</StockNm>
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        <StockNm>VANGUARD INFLATION-PROTECT SEC ADM</StockNm>
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</Return>