Alice Berger, et al. - Page 7

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          incurred but were instead carried as inventory costs.                       
               In 1986 construction of Phase I was completed.  Certificates           
          of occupancy were obtained, and certificates of ownership were              
          issued to all customers who had paid in full.  Howard and Alice             
          Berger reported as income for 1986 all deposits and installment             
          payments previously received for this phase.  The cost of                   
          construction of Phase I was allocated to the total number of                
          crypts, and the allocated cost of unsold crypts was deducted                
          ratably as "cost of sales" as Woodbine issued certificates of               
          ownership to subsequent crypt purchasers at or after completion             
          of construction of the mausoleum.                                           
               In June 1986, during a trip to Scotland, Howard Berger                 
          became ill with a heart condition, and he and Alice Berger                  
          separated.  When Howard Berger returned from Scotland, he did not           
          move back to the family home in West Long Branch, New Jersey, but           
          moved instead to Waterboro, Maine.  He never resumed day-to-day             
          management or operation of Woodbine.                                        
               During Howard Berger's absence, Gregg Kunkowski acted as               
          manager of Woodbine.  After it became clear that Howard Berger              
          was not going to return to work, Gregg Kunkowski proposed a                 
          contract setting forth the terms for his continuing employment in           
          the Woodbine business.  He presented his proposal to Dr. Florence           
          F. Forgotson, Alice Berger's attorney, who drafted an agreement.            
          On December 1, 1986, Howard Berger and Alice Berger (as                     






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