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Liabilities
Loans and mortgages
515 S. Stanton - Baca $ 342,209.68 $ 336,734.60
519 S. Stanton - Samaniego 182,811.21 169,995.27
413 E. 8th - Okubo 219,407.65 0.00
Note payable - Sunwest 0.00 172,583.37
Note payable - Chase 10,840.33 4,270.06
Note payable - Han 60,000.00 60,000.00
Note payable - Prudential 0.00 254,378.24
Note payable - Yi 0.00 (15,000.00)
Note payable - Gilpin 71,100.00 0.00
$ 886,368.87 $ 982,961.54
Accumulated depreciation
515 S. Stanton $ 22,581.00 $ 35,184.00
519 S. Stanton 20,635.00 33,333.00
413 E. 8th 13,413.00 21,667.00
$ 56,629.00 $ 90,184.00
Total liabilities $ 942,998.00 $1,073,146.00
Net worth $ 611,844.00 $1,008,268.00
Beginning net worth (611,844.00)
Change in net worth $ 396,424.00
Personal living expenses 186,248.00
Cash withdrawal from JKY capital account (133,100.00)
Adjusted gross income as corrected $ 449,572.00
Adjusted gross income per return (244,010.00)
Unidentified income $205,562.00
Respondent prepared the computations of beginning and ending
bank account balances from monthly bank statements and deposit
slips.
Respondent computed petitioners' increase in ownership of
personal property by calculating the personal property owned at
the end of the year less personal property owned at the beginning
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