Robert D. Grossman, Jr. - Page 72

                                       - 156 -                                        

               To take account of the foregoing,40                                    

                                                  Decisions will be entered           
                                             under Rule 155.                          


























               40   In the notices of deficiency, respondent made                     
          determinations as to the alternative minimum tax for 1984, 1987,            
          and 1988.  Petitioner asserted error with regard to adjustments             
          to income for 1984 and 1987 and thus asserted error with regard             
          to the alternative minimum tax, a function of the adjustments to            
          income.  Petitioner conceded liability with regard to the                   
          alternative minimum tax for 1988.  Our redeterminations with                
          regard to the adjustment to income may have arithmetic effects on           
          the application and calculation of the alternative minimum tax;             
          they are to be dealt with in the computations under Rule 155.               

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