- 15 - During these same years, petitioner's approximate living expenses were as follows: 1988 1989 1990 1991 Rent $3,000 $3,000 $3,000 $3,000 Living expenses 12,000 12,000 24,000 24,000 Car purchase --- --- 10,000 --- Total 15,000 15,000 37,000 27,000 Petitioner lived in an apartment in a commercial building owned by his parents throughout the years in issue. Petitioner did not own any real estate or stock. Petitioner did not have a gambling habit, a drug or alcohol problem, or any expensive hobbies. Petitioner did not make any charitable contributions or have any significant investments or purchases. Mr. Yoon had two bank accounts at California Korea Bank and one account at Security Pacific Bank which had the following total deposits: Year Total Deposits 1988 $32,480.59 1989 37,386.09 1990 181,410.86 1991 981,619.50 Total 1,232,897.04 Petitioner had Mr. Richard Rose, an accountant, prepare a summary of Mr. Yoon's bank accounts. The net amount of deposits was determined after an analysis was made by Mr. Rose to eliminate transfers between accounts, credit memos, transfers from credit cards, and redeposited checks which would normallyPage: Previous 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 Next
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