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20031408'7 ability to personally do the body work and not personally meet with insurance adjustors and customers. The two methods of valuation are basically mutually exclusive of each other. Petitioner's method ignores the ability of the corporation to earn money and the Respondent's method ignores the assets and liabilities of the corporation. But having found that the $445,800 is not realistic given the facts in this particular business, the court is left with the only other evidence in the record - -book value. Book value has been accepted as a proper method of valuation by the courts. Bryan vs. Bryan, 222 Neb. 180 (1986); Kricsfeld vs. Kricsfeld, 8 Neb.App. 1 (2000); Else vs. Else, 5 Neb.App. 319 (1997). Respondent's expert Groeteke acknowledged that the book value of the corporation as of December 31, 1999 was $60,905. The only other determination to be made is date of valuation. Book value as of December, 3, 2000 as testified to by Respondent's expert was $60,905. While the Courts have generally valued assets as of the date of trial, recent pronouncements have indicated that other dates may also be appropriate. The parties separated May, 1999. Neither expert used figures for the full year of 2000 in making their calculations. Both parties at trial indicated they had bought additional assets and incurred debts since separation which were not on the Property Statement. The Court concludes that there is a rational basis for valuing the corporation as of December 31, 1999. H. Mortgages or Contracts on Real Estate Petitioner shall assume and pay and hold the Respondent harmless on the mortgage to First Commerce Mortgage Company (H1). I. Secured Creditors The Petitioner testified at the time of trial that the real estate taxes on the residence are delinquent for the years 1999 and 2000. Petitioner shall pay the real estate taxes and hold the Respondent harmless thereon. J. Unsecured Creditors Petitioner shall assume and pay the debts listed at J1, J2, J3, J4, J5, J8, and J9 and hold the Respondent free and harmless from any liability thereon. Respondent shall pay the debts listed at J6 and J7 and hold the Petitioner free and harmless from any liability thereon.