Ronald R. Armacost and Cathy L. Armacost - Page 11

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               Based on our findings above, we draw the following                      
          conclusions regarding the value of properties distributed:                   
                              NonInvestment             Investment                     
          Ronald Armacost       1$87,000                2$1,137,800                    
          Linda Armacost         399,000                   4641,000                    

                    1Includes lake home in Idaho ($50,000), personal                   
               property and household furnishings ($25,000),                           
               condominium in Maui ($61,000) and debt on the family                    
               home (-$49,000).                                                        
                    2Includes all capital stock in Budget Oil Co.,                     
               Inc. ($101,000), one-half of all investment stocks,                     
               royalty rights, and partnership interests ($0), IRA                     
               ($4,800), one-half interest in pension and profit                       
               sharing plan ($40,000), commercial property located at                  
               N. 7902 Division (-$38,000), commercial property                        
               located at Division and Augusta ($128,000), commercial                  
               property located at University City ($195,000),                         
               commercial property located on Pines Road ($400,000),                   
               commercial property located in Moscow, Idaho                            
               ($145,000), commercial property located at Liberty Lake                 
               ($247,000), real estate at Third and Maple ($50,000),                   
               and a bank note on the McDonald's property (-$135,000).                 
                    3Includes the family home ($70,000), vehicles and                  
               household furnishings ($25,000), and account balances                   
               ($4,000).                                                               
                    4Includes McDonald's property ($580,000), Miller                   
               real estate contract ($16,000), Lang real estate                        
               contract ($5,000), one-half interest in investment                      
               stocks, royalty rights and partnership interests ($0),                  
               one-half interest in pension and profit sharing plan                    
               ($40,000).                                                              
               Petitioner received $12,000 less than Linda Armacost in                 
          noninvestment property value, and $496,000 more than Linda                   
          Armacost in investment property value.  This means that                      
          petitioner is entitled to his one-half community interest of                 





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