Gustafson's Dairy, Inc. - Page 27

                                        -27-                                          
               Petitioner paid salaries to its officers from fiscal year              
          1982 to fiscal year 1989 as follows:                                        

                Fiscal                                      Sherwood                  
                 year     E.S. Gustafson G.J. Gustafson     Gustafson                 
                 1982        $275,000         $140,000      $60,000                   
                 1983        275,000          140,000        60,000                   
                 1984        275,000          140,000        60,000                   
                 1985        400,000          140,000       135,000                   
                 1986        450,000          145,000       265,000                   
                 1987        450,000          140,000       270,000                   
                 1988        450,000          140,000       305,000                   
                 1989        400,000          140,000       325,000                   

               Petitioner's net available current assets (i.e., current               
          assets plus liquid assets held in petitioner's fund in the Super            
          Trust10 less current liabilities) were as follows:                          

                                               Current     Net liquid                 
             Fiscal year Current assets      liabilities      assets                  
                 1982        $7,358,893      $2,380,061     $4,978,832                
                 1983         7,665,571       3,081,937     4,583,634                 
                 1984         6,892,987       2,129,431     4,763,556                 
                 1985        11,272,122       4,139,044     7,133,078                 
                 1986        11,089,919       2,857,557     8,232,362                 
                 1987        12,049,090       2,759,589     9,289,501                 
                 1988        12,916,884       2,775,775     10,141,109                


          10 Petitioner concedes that amounts it held in the Super                    
          Trust are liquid assets available to it for purposes of this                
          case.                                                                       




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