Lloyd E. Dawson, Jr. - Page 8

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          Expenditures by Petitioner and Ms. Dawson                                   
               During September 1987, a new Lincoln Continental automobile            
          was purchased for Ms. Dawson’s use.  The purchase was financed              
          with a loan of $29,976.  During November 1987, petitioner wrote             
          two checks to Golden Triangle Remodeling totaling $9,700 for the            
          cost of a three-car garage added to their home.  On December 29,            
          1987, petitioner purchased a new Ford Big Bronco automobile.  The           
          purchase was financed with a loan of $22,079.28 to petitioner on            
          which payments were made during 1988.                                       
               During 1988, petitioner and Ms. Dawson wrote checks totaling           
          $146,752.26 on their joint checking account with Mid County                 
          Teachers.  Also during that year, petitioner and Ms. Dawson wrote           
          checks or made transfers totaling $145,458.62 from their joint              
          checking account with Texaco P.A.W.  Nearly all of the funds                
          deposited into the joint checking account maintained by                     
          petitioner and Ms. Dawson with Texaco P.A.W. during 1988 were               
          spent in that year.                                                         
               Between January and April 1988, petitioner and Ms. Dawson              
          paid $17,602 to Golden Triangle Remodeling for the addition of a            
          computer room over their garage.  The room was furnished in 1988            
          with, inter alia, a desk, a computer cabinet, and custom-built              
          bookcases.  During July and August of 1988, Don Lightfoot Home              
          Builder, Inc., made improvements to the residence of petitioner             








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