- 18 - Joined Sec. 752 Beginning Ending Partner Interest Settlement Adjustment Liabilities Capital Capital Bankruptcy Estate of D. R. Jenkins 0.0500% $8,363 ($337) ($397) Bankruptcy Estate of Renee Jenkins 0.0500% 8,363 (337) (397) Bankruptcy Estate of Tim Shaftel 0.0500% 8,363 (336) (396) The JNC Companies 0.8502% 142,210 (5,727) (6,751) Stanford Bienias 2.8290% 2.8290% $16,700 10,699 4,100 696 Stephen K. and Lindy Brigham 2.8290% 2.8290% 16,700 10,699 4,100 696 Courtney Investment Co. 2.8290% 10,699 4,100 696 Vito and Christine Del Deo 2.8290% 2.8290% 16,700 10,699 4,100 696 Philip De Marie 5.6580% 21,398 8,201 1,391 Bert and Ann Ferganchick 8.4850% 8.4850% 50,083 32,089 12,317 2,105 Eugene W. and Leta Marie Friesen 2.8290% 10,699 4,100 696 Bankruptcy Estate of D. R. Jenkins 1.4145% 5,349 2,049 347 The JNC Companies 9.8992% 37,437 14,079 2,164 Gary Johnson 2.8290% 2.8290% 16,700 10,699 4,100 696 Woodrow J. Johnson 2.8290% 2.8290% 16,700 10,699 4,100 696 Scott W. Langlee 1.4142% 1.4142% 38,682 5,348 2,918 1,216 Antonio and Yolanda Leon 2.8290% 10,699 4,101 697 Henry L. Leyva 2.8290% 10,699 4,100 696 Belverd E. Needles 2.8290% 2.8290% 16,700 10,699 4,100 696 Hartley E. Newkirk 0.0000% 5,336 2,076 -0- Peter D. Beren 0.0000% 5,336 2,076 -0- R. Luther and Roberta Rae Olson 2.8290% 10,699 4,100 696 Donald T. and Karen R. Pierce 2.8290% 10,699 4,100 696 Carroll A. and Marilyn Rinehart 5.6570% 5.6570% 33,393 21,394 8,207 1,399 Bankruptcy Estate of Tim Shaftel 2.8290% 10,699 4,100 696 William M. and Diane Stephens 5.6570% 5.6570% 33,393 21,394 8,207 1,399 George S. and Beverly M. Wilson 2.8290% 2.8290% 16,700 10,699 4,100 696 John S. Woodbridge II 2.8290% 10,699 4,100 696 Harry Orville Woody 2.8290% 10,699 4,100 696 Douglas J. Bol 1.4142% 1.4142% 39,837 5,348 1,763 61 Andrew W. Richardson 1.4142% 1.4142% 39,838 5,348 1,762 60 Stephen J. Moddelmog 2.8290% 10,699 4,101 697 Victor Montgomery 5.6570% 5.6570% 33,393 21,394 8,207 1,399 Bankruptcy Estate of Renee Jenkins 1.4145% 5,349 2,050 348 Admiral Insurance Company 2.8220% 10,699 -0- 759 ________ ________ _______ _______ _______ ______ 100.0000% 49.5016% 385,519 552,401 136,877 16,541 The FPAA issued to Dakotah Hills states that respondent determined an adjustment to the partnership’s 1989 return in the amount of $385,519. It describes the nature of that adjustment as follows: IRC Section 752(b) DistributionPage: Previous 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 Next
Last modified: May 25, 2011