- 8 - 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 petitionerPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011