- 6 -6
their 1987 return they reported taxable income in the amount of
$36,338.
As best we can tell from the record, there is nothing on the
Abrahams' return that indicates that Abraham was a creditor of
Lawrence during the year 1987.
II. Bank Accounts and Business Records
A. Miriam Lawrence
During the year 1986 Lawrence maintained at least two
checking accounts. During that year she made deposits into these
accounts in excess of $743,000. Of this amount, $438,940
consisted of checks drawn on one of the accounts maintained by
Abraham, and $24,260 consisted of currency deposits of $500 or
more. She wrote checks totaling over $790,000 on these two
accounts. Included in this amount were in excess of $150,000 in
checks written to Abraham, over $144,000 in checks written to
Texas National Bank; almost $75,000 in checks written to American
Finance Co.; over $14,000 in checks written for furniture and
fixtures; over $26,000 in checks written to department stores;
over $23,000 in checks written to American Express; a check or
checks in the amount of $29,449.50 written to the Internal
Revenue Service; $13,063.07 in checks written to El Paso Country
Club; and over $6,500 in checks written for jewelry.
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