Washoe Ranches # 1, Ltd. Washoe Ranches #2, Ltd., Washoe Ranches #3, Ltd., Washoe Ranches #4, Ltd., Washoe Ranches #5, Ltd., Washoe Ranches #6, Ltd., Washoe Ranches #7, Ltd., Walter J. Hoyt III, - Page 17

                                       - 17 -                                         
                                      APPENDIX                                        


                                                                                     
     Taxable                       Adjustments                                        
     Year     Investment   Ordinary   Separately Stated                               
     Docket No.        Partnership        Ending   Tax Credit    Income    Partnership Items
     8916-89      Washoe Ranches #1, LTD. 11-30-85  $11,895     $218,117       $485,223
     "             "       12-31-85   11,895      218,117        485,223              
     Washoe Ranches #2, LTD. 11-30-85   11,896       79,469        265,669            
     "             "       12-31-85   11,896       79,469        265,669              
     Washoe Ranches #3, LTD. 11-30-85   11,895       91,326        240,251            
     "             "       12-31-85   11,895       91,326        240,251              
     Washoe Ranches #4, LTD. 11-30-85   11,896      158,182        369,043            
     "             "       12-31-85   11,896      158,182        369,043              
     Washoe Ranches #5, LTD. 11-30-85   11,895      219,965        335,823            
     "             "       12-31-85   11,895      219,965        335,823              
     Washoe Ranches #6, LTD. 11-30-85   11,896      150,593        276,179            
     "             "       12-31-85   11,896      150,593        276,179              
     Washoe Ranches #7, LTD. 11-30-85   11,895      153,792        431,917            
     "             "       12-31-85   11,895      153,792        431,917              
     8935-89      Florin Farms #1, LTD.   11-30-85   11,896       24,672        155,143
     "             "       12-31-85   11,896       24,672        155,143              
     Florin Farms #2, LTD.   11-30-85   11,896       41,535        206,428            
     "             "       11-30-85   11,896       41,535        206,428              
     Florin Farms #3, LTD.   11-30-85   11,896        2,216        310,697            
     "             "       12-31-85   11,896        2,216        310,697              
     Florin Farms #4, LTD.   11-30-85   11,895       13,703        148,332            
     "             "       12-31-85   11,895       13,703        148,332              
     Florin Farms #5, LTD.   11-30-85   11,896       12,586        167,561            
     "             "       12-31-85   11,896       12,586        167,561              
     Florin Farms #6, LTD.   11-30-85   11,895       15,753        156,301            
     "             "       12-31-85   11,895       15,753        156,301              
     Florin Farms #7, LTD.   11-30-85   11,896      604,325        503,400            
     "             "       12-31-85   11,896      604,325        503,400              
     8936-89      Durham Farms #1, LTD.   11-30-85   11,896       72,790        210,319
     "             "       12-31-85   11,896       72,790        210,319              
     Durham Farms #2, LTD.   11-30-85   11,896       71,840        256,102            
     "             "       12-31-85   11,896       71,840        256,102              
     Durham Farms #3, LTD.   11-30-85   11,896       57,423        217,567            
     "             "       12-31-85   11,896       57,423        217,567              
     Durham Farms #4, LTD.   11-30-85   11,896      164,953        258,611            
     "             "       12-31-85   11,896      164,953        258,611              
     Durham Farms #5, LTD.   11-30-85   11,896      324,464        333,433            
     "             "       12-31-85   11,896      324,464        333,433              
     Durham Farms #6, LTD.   11-30-85   11,896      299,310        374,454            
     "             "       12-31-85   11,896      299,310        374,454              
     21998-89     Florin Farms #1, LTD.   12-31-83    -0-         41,066         96,375
     Florin Farms #2, LTD.   12-31-83    -0-         62,162         94,525            
     Florin Farms #3, LTD.   12-31-83    -0-         34,722         54,000            
     Florin Farms #4, LTD.   12-31-83    -0-         50,507        101,275            
     Florin Farms #5, LTD.   12-31-83    -0-         54,115         94,250            






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Last modified: May 25, 2011