- 28 - Date Amount 1985 Jan. 27, 1985 $ 5,000.00 Feb. 28, 1985 1,106.40 Feb. 28, 1985 8,500.00 Apr. 7, 1985 1,106.40 Apr. 7, 1985 8,500.00 Apr. 10, 1985 9,500.00 Apr. 11, 1985 9,500.00 Apr. 14, 1985 9,500.00 Apr. 29, 1985 9,500.00 1985 $62,212.80 1986 Feb. 11, 1986 8,500.00 Feb. 20, 1986 9,000.00 Feb. 24, 1986 9,500.00 Feb. 25, 1986 9,500.00 Feb. 26, 1986 9,500.00 Mar. 4, 1986 8,500.00 Mar. 19, 1986 6,266.08 1986 $60,766.08 During 1987, the lake house was destroyed by fire. In 1987, petitioners received insurance reimbursement in the amount of $125,000 for the loss of the lake house and its contents. On April 8, 1987, petitioners deposited the insurance check into the nursery bank account. Petitioners did not rebuild the house. During 1987, petitioners sold the lot on which the destroyed lake house had been located for $31,000. Settlement was conducted on April 23, 1987; settlement charges to petitioners totaled $2,637.89. Personal Expenditures On June 28, 1985, petitioners bought a 1985 Cadillac. To purchase this car, petitioners traded in a 1984 Cadillac Eldorado and paid $17,750 in cash. On July 1, 1986, petitioners paidPage: Previous 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 Next
Last modified: May 25, 2011