The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE
OMB APPROVAL
OMB Number: 3235-0006
Estimated average burden
hours per response: 23.8
COLUMN 1 COLUMN 2 COLUMN 3 COLUMN 4 COLUMN 5 COLUMN 6 COLUMN 7 COLUMN 8
VALUE SHRS OR SH/ PUT/ INVESTMENT OTHER VOTING AUTHORITY
NAME OF ISSUER TITLE OF CLASS CUSIP (x$1000) PRN AMT PRN CALL DISCRETION MANAGER SOLE SHARED NONE
Vanguard Equity-Income Admiral MFUND 921921300 233 3,651 SH   SOLE   3,651 0 0
iShares iBonds Dec 2022 AMT-F COM 46435G755 3,154 121,084 SH   SOLE   121,084 0 0
3M Company COM 88579Y101 62,323 374,022 SH   SOLE   374,022 0 0
Advisory Board Co COM 00762w107 1,533 47,520 SH   DFND   0 47,520 0
Agrium Inc. COM 008916108 225 2,543 SH   SOLE   2,543 0 0
Air Products & Chemicals Inc. COM 009158106 9,268 64,339 SH   SOLE   64,339 0 0
Alcentra Capital Corporation COM 01374T102 2,193 188,538 SH   DFND   0 188,538 0
ALCOA, INC. COM 013817101 279 29,101 SH   SOLE   29,101 0 0
Alphabet Inc. Class- C COM 02079K107 21,450 28,794 SH   SOLE   28,794 0 0
Alphabet Inc. Class - A COM 02079K305 8,113 10,634 SH   SOLE   10,634 0 0
American Capital Ltd. COM 02503Y103 5,079 333,261 SH   DFND   0 333,261 0
American Capital Senior Floati COM 02504D108 174 17,308 SH   SOLE   17,308 0 0
American Express Company COM 025816109 26,716 435,110 SH   SOLE   435,110 0 0
American International Group, COM 026874784 38,079 704,517 SH   SOLE   704,517 0 0
Analog Devices, Inc. COM 032654105 9,023 152,449 SH   SOLE   152,449 0 0
Anheuser-Busch InBev SA/NV COM 03524A108 335 2,690 SH   SOLE   2,690 0 0
Annaly Capital Management Inc. COM 035710409 3,256 317,337 SH   DFND   0 317,337 0
Apollo Investment Corp. COM 03761U106 3,062 551,627 SH   DFND   0 551,627 0
Ares Capital Corp. COM 04010L103 52,884 3,563,580 SH   DFND   0 3,563,580 0
Bank of Marin (CA) COM 063425102 1,986 40,350 SH   DFND   0 40,350 0
Barclays 20+ Year Treasury Bon COM 464287432 28,126 215,346 SH   SOLE   215,346 0 0
Barclays 3-7 Year Treasury Bon COM 464288661 3,159 25,078 SH   SOLE   25,078 0 0
Becton, Dickinson and Company COM 075887109 9,884 65,104 SH   SOLE   65,104 0 0
Bed Bath & Beyond Inc COM 075896100 28,677 577,696 SH   SOLE   577,696 0 0
Berkshire Hathaway Inc. - B COM 084670702 25,045 176,523 SH   SOLE   176,523 0 0
Berkshire Hathaway Inc. - Clas COM 084670108 1,067 5 SH   SOLE   5 0 0
Black Knight Financial Service COM 09214X100 2,373 76,468 SH   SOLE   76,468 0 0
BlackRock Kelso Capital Corp. COM 092533108 2,710 287,976 SH   DFND   0 287,976 0
Broadridge Financial Solutions COM 11133T103 49,977 842,639 SH   SOLE   842,639 0 0
Brown & Brown Inc. COM 115236101 32,460 906,704 SH   DFND   0 906,704 0
C.H. Robinson Worldwide Inc. COM 12541W209 48,203 649,380 SH   SOLE   649,380 0 0
California Resources Corp. (Wh COM 13057Q107 11 10,510 SH   SOLE   10,510 0 0
Capstead Mortgage Corp. COM 14067E506 1,093 110,489 SH   DFND   0 110,489 0
Chemours COM 163851108 568 81,179 SH   SOLE   81,179 0 0
Chevron Corp. COM 166764100 69,341 726,849 SH   SOLE   726,849 0 0
Chubb Corp COM H1467J104 59,011 495,265 SH   SOLE   495,265 0 0
Cimarex Energy Co. COM 171798101 252 2,587 SH   SOLE   2,587 0 0
CM Finance Inc COM 12574Q103 1,646 195,922 SH   DFND   0 195,922 0
Colgate-Palmolive Co. COM 194162103 58,300 825,200 SH   SOLE   825,200 0 0
Commerce Bancshares, Inc. COM 200525103 9,140 203,333 SH   SOLE   203,333 0 0
Compagnie Financiere Richemont COM 204319107 18,811 2,850,158 SH   SOLE   2,850,158 0 0
Compass Diversified Holdings COM 20451Q104 2,163 138,200 SH   DFND   0 138,200 0
Concho Resources, Inc. COM 20605P101 245 2,420 SH   SOLE   2,420 0 0
Consumer Discret Select Sector COM 81369Y407 9,397 118,805 SH   SOLE   118,805 0 0
Consumer Staples Select Sector COM 81369Y308 6,601 124,404 SH   SOLE   124,404 0 0
Cullen Frost Bankers, Inc. COM 229899109 6,216 112,798 SH   SOLE   112,798 0 0
Culp Inc. COM 230215105 1,073 40,934 SH   DFND   0 40,934 0
CYS Investments Inc COM 12673A108 5,693 699,326 SH   DFND   0 699,326 0
Detour Gold Corp COM 250669108 204 12,960 SH   SOLE   12,960 0 0
Diageo (Adr 1:4) COM 25243Q205 66,799 619,258 SH   SOLE   619,258 0 0
Digital Realty Trust Inc. COM 253868103 44,371 501,428 SH   SOLE   501,428 0 0
Discovery Communications, Inc. COM 25470F302 40,970 1,517,403 SH   SOLE   1,517,403 0 0
Donaldson Inc COM 257651109 8,015 251,187 SH   SOLE   251,187 0 0
Dow Jones US Financial Sector COM 464287788 5,175 61,168 SH   SOLE   61,168 0 0
Dow Jones US Technology - iSha COM 464287721 12,972 119,556 SH   SOLE   119,556 0 0
Dow Jones US Utilities - iShar COM 464287697 3,823 30,910 SH   SOLE   30,910 0 0
Du Pont E.I. De Nemours & Com COM 263534109 46,086 727,829 SH   SOLE   727,829 0 0
Eldorado Gold Corp. COM 284902103 84 26,651 SH   SOLE   26,651 0 0
EOG Resources COM 26875P101 280 3,854 SH   SOLE   3,854 0 0
European ETF - Vanguard COM 922042874 208 4,286 SH   SOLE   4,286 0 0
Expeditors International of Wa COM 302130109 32,037 656,356 SH   SOLE   656,356 0 0
Exponent Inc. COM 30214U102 1,712 33,569 SH   DFND   0 33,569 0
Express Scripts Inc. COM 30219G108 34,510 502,409 SH   SOLE   502,409 0 0
Exxon Mobil Corp. COM 30231G102 8,992 107,572 SH   SOLE   107,572 0 0
Fastenol Co. COM 311900104 51,040 1,041,628 SH   SOLE   1,041,628 0 0
FEI Company COM 30241L109 2,857 32,099 SH   SOLE   32,099 0 0
Fidelity National Financial In COM 31620R303 50,331 1,484,681 SH   SOLE   1,484,681 0 0
Fifth Street Finance Corp. COM 31678A103 235 46,910 SH   SOLE   46,910 0 0
First Trust Mid Cap Growth Alp COM 33737M102 356 12,343 SH   SOLE   12,343 0 0
First Trust Mid Cap Value Alph COM 33737M201 262 9,288 SH   SOLE   9,288 0 0
First Trust Small Cap Growth COM 33737M300 263 8,741 SH   SOLE   8,741 0 0
FMC Corp. COM 302491303 205 5,071 SH   SOLE   5,071 0 0
Forward Air Corp. COM 349853101 1,941 42,836 SH   DFND   0 42,836 0
Franco-Nevada Corp. COM 351858105 346 5,636 SH   SOLE   5,636 0 0
Franklin Electric Co. Inc. COM 353514102 1,851 57,553 SH   DFND   0 57,553 0
Franklin Street Properties Cor COM 35471R106 637 60,000 SH   SOLE   60,000 0 0
FS Investment Corp. COM 302635107 3,741 407,917 SH   DFND   0 407,917 0
General Dynamics Corp. COM 369550108 8,780 66,837 SH   SOLE   66,837 0 0
General Electric Company COM 369604103 51,794 1,629,263 SH   SOLE   1,629,263 0 0
Gladstone Capital Corporation COM 376535100 738 99,045 SH   DFND   0 99,045 0
Gladstone Commercial Corp. COM 376536108 1,833 111,918 SH   DFND   0 111,918 0
Gladstone Investment Corp. COM 376546107 1,001 142,533 SH   DFND   0 142,533 0
GlaxoSmithKline Plc (Adr 1:2) COM 37733W105 48,018 1,184,167 SH   SOLE   1,184,167 0 0
Glencore Xstrata plc COM 37827X100 141 31,641 SH   SOLE   31,641 0 0
Gold Trust - iShares COM 464285105 1,294 108,883 SH   SOLE   108,883 0 0
Goldman Sachs BDC Inc. COM 38147U107 3,292 167,979 SH   DFND   0 167,979 0
Golub Capital BDC Inc COM 38173M102 13,196 762,338 SH   DFND   0 762,338 0
Graco inc. COM 384109104 64,118 763,672 SH   DFND   0 763,672 0
Guggenheim BulletShares Corpor COM 18383M530 3,223 152,603 SH   SOLE   152,603 0 0
Guggenheim BulletShares Corpor COM 18383M522 3,273 154,264 SH   SOLE   154,264 0 0
Guggenheim BulletShares Corpor COM 18383M514 3,275 153,035 SH   SOLE   153,035 0 0
Guggenheim BulletShares Corpor COM 18383M233 3,320 160,918 SH   SOLE   160,918 0 0
Guggenheim BulletShares Invest COM 18383M266 3,284 155,577 SH   SOLE   155,577 0 0
Guggenheim BulletShares Invest COM 18383M258 3,306 157,027 SH   SOLE   157,027 0 0
Haemonetics Corporation COM 405024100 1,994 57,014 SH   DFND   0 57,014 0
Halliburton Co. COM 406216101 18,307 512,507 SH   SOLE   512,507 0 0
Halyard Health Inc COM 40650V100 1,694 58,968 SH   DFND   0 58,968 0
Harvest Capital Credit Corp COM 41753F109 203 16,699 SH   DFND   0 16,699 0
Hatteras Financial Corp. COM 41902R103 2,798 195,652 SH   DFND   0 195,652 0
Health Care Select Sector - SP COM 81369Y209 3,817 56,317 SH   SOLE   56,317 0 0
Hercules Technology Growth Cap COM 427096508 8,275 688,985 SH   DFND   0 688,985 0
Hilton Worldwide Holdings Inc COM 43300A104 2,335 103,677 SH   SOLE   103,677 0 0
Home Depot Inc. COM 437076102 12,830 96,152 SH   SOLE   96,152 0 0
Horizon Technology COM 44045A102 2,078 179,012 SH   DFND   0 179,012 0
Illinois Tool Works Inc. COM 452308109 29,821 291,105 SH   SOLE   291,105 0 0
Industrial Select Sector - SPD COM 81369Y704 5,002 90,178 SH   SOLE   90,178 0 0
Iron Mountain COM 46284V101 51,114 1,507,333 SH   SOLE   1,507,333 0 0
iShares 10+ Year Credit Bond E COM 464289511 10,723 180,885 SH   SOLE   180,885 0 0
iShares 7-10 Year Treasury Bon COM 464287440 17,704 160,446 SH   SOLE   160,446 0 0
iShares Barclays 1-3 Year Inve COM 464288646 246 2,330 SH   SOLE   2,330 0 0
iShares Corporate Bond ETF 202 COM 46432FAZ0 7,637 72,201 SH   SOLE   72,201 0 0
iShares Corporate ex Financial COM 46432FAG2 8,640 87,121 SH   SOLE   87,121 0 0
iShares Corporate ex Financial COM 46432FAK3 5,423 54,643 SH   SOLE   54,643 0 0
iShares Corporate ex Financial COM 46432FAN7 10,921 110,815 SH   SOLE   110,815 0 0
iShares iBonds Dec 2021 AMT-Fr COM 46435G789 2,098 81,092 SH   SOLE   81,092 0 0
iShares iBonds Sep 2019 Amt Fr COM 46429B564 1,475 57,423 SH   SOLE   57,423 0 0
iShares iBonds Sep 2020 Amt Fr COM 46434V571 2,100 81,520 SH   SOLE   81,520 0 0
iShares iBoxx Corporate Bond E COM 464287242 2,991 25,170 SH   SOLE   25,170 0 0
iShares Interm. Term Corporate COM 464288638 4,457 40,632 SH   SOLE   40,632 0 0
iShares MBS Bond ETF COM 464288588 6,459 58,997 SH   SOLE   58,997 0 0
iShares MSCI Japan Index COM 464286848 130 11,382 SH   SOLE   11,382 0 0
iShares National AMT-Free Muni COM 464288414 2,129 19,066 SH   SOLE   19,066 0 0
iShares Residential Real Estat COM 464288562 5,921 89,746 SH   SOLE   89,746 0 0
John Bean Technologies Corp. COM 477839104 2,294 40,673 SH   DFND   0 40,673 0
Johnson & Johnson COM 478160104 83,629 772,909 SH   SOLE   772,909 0 0
KCAP Financial Inc COM 48668E101 1,226 340,472 SH   DFND   0 340,472 0
Kinder Morgan Inc. COM 49456B101 35,992 2,015,214 SH   SOLE   2,015,214 0 0
Kohl's Corp. COM 500255104 45,902 984,808 SH   SOLE   984,808 0 0
Kraft Heinz Co. COM 500754106 53,986 687,195 SH   SOLE   687,195 0 0
Landstar System Inc. COM 515098101 4,192 64,877 SH   DFND   0 64,877 0
Linear Technology Corp COM 535678106 55,727 1,250,598 SH   SOLE   1,250,598 0 0
Lockheed Martin Corp COM 539830109 9,788 44,189 SH   SOLE   44,189 0 0
Lowe's Companies Inc. COM 548661107 30,720 405,543 SH   SOLE   405,543 0 0
M&T Bank Corp. COM 55261F104 7,707 69,429 SH   SOLE   69,429 0 0
Main Street Capital Corp. COM 56035L104 3,976 126,823 SH   DFND   0 126,823 0
Manatuck Hill Mariner Offshore COM 562996983 374 2,813 SH   SOLE   2,813 0 0
Markel Corp. COM 570535104 47,475 53,249 SH   SOLE   53,249 0 0
Market Vectors Long Municipal COM 57060U886 10,262 505,750 SH   SOLE   505,750 0 0
Martin Marietta Materials Inc. COM 573284106 56,095 351,668 SH   SOLE   351,668 0 0
Mastercard Inc. - A COM 57636Q104 34,669 366,865 SH   SOLE   366,865 0 0
Mattel Inc COM 577081102 47,569 1,414,901 SH   SOLE   1,414,901 0 0
McDonald's Corp. COM 580135101 10,243 81,503 SH   SOLE   81,503 0 0
MDU Resources Group Inc. COM 552690109 8,928 458,792 SH   SOLE   458,792 0 0
Medallion Financial Corp COM 583928106 769 83,353 SH   DFND   0 83,353 0
Medley Capital Corp. COM 58503F106 3,676 556,921 SH   DFND   0 556,921 0
Medtronic COM G5960L103 8,471 112,943 SH   SOLE   112,943 0 0
Microsoft Corp. COM 594918104 65,665 1,188,940 SH   SOLE   1,188,940 0 0
Morningstar Inc. COM 617700109 24,400 276,426 SH   DFND   0 276,426 0
MSC Industrial Direct Co. Inc COM 553530106 20,852 273,252 SH   SOLE   273,252 0 0
MTS Systems Corp. COM 553777103 1,929 31,706 SH   DFND   0 31,706 0
Mueller Industries Inc. COM 624756102 1,890 64,241 SH   DFND   0 64,241 0
National Interstate Corporatio COM 63654U100 2,206 73,722 SH   DFND   0 73,722 0
Natus Medical Inc COM 639050103 1,028 26,747 SH   DFND   0 26,747 0
Nestle SA COM 641069406 8,386 112,399 SH   SOLE   112,399 0 0
New Jersey Resources Corp. COM 646025106 10,384 285,035 SH   SOLE   285,035 0 0
New Mountain Finance Corp. COM 647551100 10,331 817,341 SH   DFND   0 817,341 0
Nike Inc. - B COM 654106103 8,243 134,095 SH   SOLE   134,095 0 0
Nordstrom Inc. COM 655664100 7,938 138,760 SH   SOLE   138,760 0 0
Northern Trust Corporation COM 665859104 53,211 816,495 SH   SOLE   816,495 0 0
Novartis AG - ADR COM 66987V109 6,900 95,250 SH   SOLE   95,250 0 0
Occidental Petroleum Corp COM 674599105 8,544 124,859 SH   SOLE   124,859 0 0
OFS Capital Corp. COM 67103B100 4,717 364,262 SH   DFND   0 364,262 0
Onebeacon Insurance Group Ltd COM G67742109 6,254 491,275 SH   DFND   0 491,275 0
Patterson Companies, Inc. COM 703395103 4,938 106,131 SH   DFND   0 106,131 0
Paychex, Inc. COM 704326107 58,897 1,090,478 SH   SOLE   1,090,478 0 0
PennantPark Floating Rate Capi COM 70806A106 1,768 151,138 SH   DFND   0 151,138 0
PennantPark Investment Corp. COM 708062104 5,551 916,053 SH   DFND   0 916,053 0
Pepsico, Inc COM 713448108 83,833 818,040 SH   SOLE   818,040 0 0
Pfizer Inc. COM 717081103 42,452 1,432,245 SH   SOLE   1,432,245 0 0
Piedmont Natural Gas Co. Inc. COM 720186105 6,411 107,157 SH   SOLE   107,157 0 0
Pioneer Natural Resources Co. COM 723787107 240 1,702 SH   SOLE   1,702 0 0
Polaris Industries COM 731068102 10,603 107,666 SH   SOLE   107,666 0 0
Potbelly Corp COM 73754Y100 2,241 164,683 SH   DFND   0 164,683 0
Praxair Inc. COM 74005P104 51,828 452,847 SH   SOLE   452,847 0 0
Procter & Gamble Company COM 742718109 8,795 106,851 SH   SOLE   106,851 0 0
Progressive Corp. COM 743315103 54,086 1,539,156 SH   SOLE   1,539,156 0 0
Raven Industries Inc COM 754212108 1,599 99,794 SH   DFND   0 99,794 0
Rayonier Inc. COM 754907103 45,876 1,858,851 SH   DFND   0 1,858,851 0
RBC Bearings Incorporated COM 75524B104 661 9,025 SH   DFND   0 9,025 0
RE/Max Holdings COM 75524W108 15,651 456,295 SH   DFND   0 456,295 0
REIT Index - Vanguard COM 922908553 5,048 60,236 SH   SOLE   60,236 0 0
Royal Gold, Inc. COM 780287108 230 4,480 SH   SOLE   4,480 0 0
Russell 1000 Growth Index Fund COM 464287614 246 2,468 SH   SOLE   2,468 0 0
Russell 2000 Growth Index - iS COM 464287648 9,270 69,907 SH   SOLE   69,907 0 0
Russell 2000 Value Index - iSh COM 464287630 9,059 97,224 SH   SOLE   97,224 0 0
Russell Midcap Growth Index Fu COM 464287481 9,996 108,460 SH   SOLE   108,460 0 0
S&P 500 - SPDR COM 78462F103 1,939 9,435 SH   SOLE   9,435 0 0
S&P 500 Growth Index - iShares COM 464287309 345 2,979 SH   SOLE   2,979 0 0
S&P 500 Index Fund - iShares COM 464287200 221 1,071 SH   SOLE   1,071 0 0
S&P 500 Value Index - iShares COM 464287408 406 4,517 SH   SOLE   4,517 0 0
S&P MidCap 400 Growth Index Fu COM 464287606 20,711 127,367 SH   SOLE   127,367 0 0
S&P MidCap 400 Value Index Fun COM 464287705 21,771 175,514 SH   SOLE   175,514 0 0
S&P SmallCap 600 Growth Index COM 464287887 8,942 71,999 SH   SOLE   71,999 0 0
S&P SmallCap 600 Index Fund - COM 464287804 279 2,480 SH   SOLE   2,480 0 0
S&P SmallCap 600 Value Index F COM 464287879 8,377 73,926 SH   SOLE   73,926 0 0
Sandstorm Gold LTD COM 80013R206 178 54,187 SH   SOLE   54,187 0 0
Seabridge Gold Inc. COM 811916105 124 11,284 SH   SOLE   11,284 0 0
SEI Investments Company COM 784117103 8,290 192,564 SH   SOLE   192,564 0 0
Silver Wheaton Corp. COM 828336107 320 19,310 SH   SOLE   19,310 0 0
Small Cap Growth - Vanguard ET COM 922908595 7,008 58,891 SH   SOLE   58,891 0 0
Snyders-Lance Inc COM 833551104 2,105 66,857 SH   DFND   0 66,857 0
Solar Capital, LTD. COM 83413U100 8,879 513,837 SH   DFND   0 513,837 0
Southern Company COM 842587107 59,931 1,158,526 SH   SOLE   1,158,526 0 0
SPDR Interm. Term Corporate Bo COM 78464A375 8,682 253,349 SH   SOLE   253,349 0 0
SPDR Nuveen Barclays Capital M COM 78468R721 4,817 97,637 SH   SOLE   97,637 0 0
Stellus Capital Investment COM 858568108 3,958 387,238 SH   DFND   0 387,238 0
Stryker Corp. COM 863667101 55,788 519,969 SH   SOLE   519,969 0 0
T. Rowe Price Group, Inc. COM 74144T108 8,463 115,208 SH   SOLE   115,208 0 0
TCP Capital Corp COM 87238Q103 10,094 676,996 SH   DFND   0 676,996 0
Techne Corp. COM 09073M104 2,079 21,996 SH   DFND   0 21,996 0
The Clorox Company COM 189054109 9,983 79,189 SH   SOLE   79,189 0 0
Thermo Fisher Scientific, Inc. COM 883556102 25,872 182,728 SH   SOLE   182,728 0 0
Thermon Group Holdings Inc COM 88362T103 1,618 92,155 SH   DFND   0 92,155 0
THL Credit COM 872438106 9,702 895,832 SH   DFND   0 895,832 0
TICC Capital Corp. COM 87244T109 1,437 299,305 SH   DFND   0 299,305 0
TJX Companies COM 872540109 37,346 476,658 SH   SOLE   476,658 0 0
Torex Gold Res Inc COM 891054108 106 76,286 SH   SOLE   76,286 0 0
TPG Specialty Lending Inc Com COM 87265K102 5,335 330,728 SH   DFND   0 330,728 0
Triangle Capital Corp COM 895848109 8,671 421,344 SH   DFND   0 421,344 0
Triplepoint Venture Growth BDC COM 89677Y100 6,791 646,757 SH   DFND   0 646,757 0
Tumi Holdings, Inc. COM 89969Q104 968 36,077 SH   DFND   0 36,077 0
United Technologies Corp. COM 913017109 27,537 275,096 SH   SOLE   275,096 0 0
Vanguard Interm. Term Corporat COM 92206C870 2,176 25,027 SH   SOLE   25,027 0 0
Vanguard Long Term Corporate B COM 92206C813 17,292 193,320 SH   SOLE   193,320 0 0
Varian Medical Systems Inc. COM 92220P105 2,462 30,768 SH   SOLE   30,768 0 0
VCA Antech Inc. COM 918194101 2,759 47,823 SH   DFND   0 47,823 0
Vulcan Materials Co. COM 929160109 219 2,074 SH   SOLE   2,074 0 0
W.R. Berkley Corp COM 084423102 26,492 471,393 SH   SOLE   471,393 0 0
W.W. Grainger, Inc. COM 384802104 8,252 35,352 SH   SOLE   35,352 0 0
Wells Fargo & Company COM 949746101 20,482 423,531 SH   SOLE   423,531 0 0
Weyerhaeuser Co. COM 962166104 51,242 1,654,040 SH   SOLE   1,654,040 0 0