Lota Womack - Page 3

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          separation agreement.  On or about May 1, 1989, they reconciled             
          and began living together again in the family residence.                    
               On or about September 19, 1992, petitioner and Mr. Womack              
          again separated.  The Womacks entered into another separation               
          agreement on October 4, 1993 (the second separation agreement).             
          By this time, petitioner had left North Carolina and was living             
          in Florida.  The second separation agreement placed the minor               
          children in the primary custody of Mr. Womack, with summer and              
          holiday vacations to be divided between the parents.  Mr. Womack            
          agreed to pay petitioner $300 per month in alimony.  The Womacks            
          were divorced on September 6, 1994.  The divorce decree modified            
          the separation agreement so that petitioner was given primary               
          custody of their daughter.                                                  
          Business Activities                                                         
               Petitioner has a high school diploma.  She worked as an                
          uncertified dental assistant off and on from the time of her high           
          school graduation until sometime in the early 1980's.  In 1987              
          and 1988, petitioner assisted Mr. Womack in his equipment repair            
          and rental business, a sole proprietorship known as Cashiers                
          Repairs and Sales (the repair business).  Her duties included               
          waiting on customers, keeping daily records and receipts, and               
          writing checks.  The repair business had an office (the first               
          office) at its shop.                                                        
               Sometime in 1987 or 1988, Mr. Womack started a property                
          services business known as Cashiers Property Services (the                  




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