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by petitioner and Nelson. Because of Southern's practice of
cashing checks payable to Barnett Bank in order to make cash
payments for scrap, 32 cash payments for Zebrowski scrap during
1988 are indicated by 32 checks payable to Barnett Bank. These
checks correspond with various scale tickets relating to
Southern's purchase of Zebrowski scrap. These cash payments were
delivered to petitioner by Southern employees.
Petitioner often handled personal transactions in cash,
although he claimed during an interview with a revenue agent to
keep only $100 in cash on hand at any given time. Nelson's
engagement ring was purchased with approximately $8,000 in cash.
During 1988, petitioner used a combination of cash and
credit cards to take Nelson on a $10,000 shopping spree.
Nelson's $7,000 wedding dress was paid for by petitioner.
Petitioner paid various wedding expenses totaling approximately
$13,000, including the reception, lodging for some guests, the
cost of tuxedo rentals for the groomsmen, and the cost of several
bridesmaids' dresses. The couple took a honeymoon trip to Puerto
Vallarta, where they purchased approximately $1,500 of jewelry.
Petitioner bought Nelson's daughter a car. Before moving into
their own home, petitioner and Nelson lived in a hotel suite that
cost $1,800 per month for approximately 3 months in 1988. On
October 14, 1988, petitioner and Nelson purchased a 1.41-acre
lot, paying $500 as a deposit, $12,500 at the closing, and the
balance as a deferred note. Funds from the joint bank account
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