Charles R. Harp and April B. Harp - Page 12

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                    deposits totaling $41,583.71 that are at issue for 1990, includ-                                                                                       
                    ing a deposit of $1,630.11 on May 2, 1990, into petitioners'                                                                                           
                    account at the Hillsboro branch of Washington Federal.  The                                                                                            
                    $1,630.11 so deposited was obtained by petitioners from the sale                                                                                       
                    of a 1988 Chevrolet pickup truck.  The record does not disclose                                                                                        
                    and/or explain the nature or sources of the remaining miscella-                                                                                        
                    neous deposits.                                                                                                                                        
                              Deposits of Funds that Mr. Kabeiseman                                                                                                        
                              Transferred to Petitioner                                                                                                                    
                                                                                                                                                                          
                              On January 18, 1989, and on February 7, 1989, Mr. Kabeiseman                                                                                 
                    transferred to petitioner $25,000 and $4,000, respectively, that                                                                                       
                    petitioner deposited into petitioners' account at the Hillsboro                                                                                        
                    branch of Washington Federal and that Mr. Kabeiseman expected                                                                                          
                    petitioner to repay within approximately one year after the date                                                                                       
                    on which each such transfer was made.  (Hereinafter, we shall                                                                                          
                    refer to the $29,000 that Mr. Kabeiseman transferred to peti-                                                                                          
                    tioner in January and February 1989 as the Kabeiseman loans or                                                                                         
                    the Kabeiseman loan proceeds.)                                                                                                                         
                              During 1990, petitioner paid the following amounts totaling                                                                                  
                    $9,689.80 to Mr. Kabeiseman in repayment of the Kabeiseman loans:                                                                                      
                                                            Jan. 1990                     $318.45                                                                          
                                                            Feb. 1990                     734.45                                                                           
                                                            Mar. 1990                     318.45                                                                           
                                                            Apr. 1990                     318.45                                                                           
                                                            Apr. 1990                     4,000.00                                                                         
                                                            July 1990                     4,000.00                                                                         
                    As of the time of the trial herein, petitioner had not repaid the                                                                                      
                    entire balance of the Kabeiseman loans.                                                                                                                




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