- 97 -
Clemco-
Holland 446.22 267.73 178.49
Rosco
Mfg. Co. 1,263.76 505.50 758.26
L.J. Stone 609.17 243.67 365.50
Atlantic
Richfield 19,171.30 967.20 1,450.80
Parker
Hannifin 2,315.04 926.01 1,389.03
All payments listed above were deposited to the CTC CNB account
during 1974. In the notice of deficiency for 1974 respondent
increased petitioner's income from the above companies by the
total amounts attributed to Diesel Power in the CTC receipts
journal.22
In the notice of deficiency for 1974 respondent also
increased petitioner's income from Goodyear by $21,089.92 and
from Leopold (a Goodyear affiliate) by $4,545.72. In the
amendment to answer respondent asserts that the �25,655.64
deposited to the Zand FNCB account in 1974 by Goodyear was
equivalent to $58,919.69. During 1974 various Goodyear
affiliates deposited a total of �25,665.64 to the Zand FNCB
22 In the notice of deficiency for 1974, respondent made an adjustment to
income from Clemco-Holland in the amount of $27,178.49. Respondent now
appears to have abandoned the argument with respect to all but $178.49 of that
amount.
Page: Previous 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 NextLast modified: May 25, 2011