Theodore Langworthy, Jr. - Page 47

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                         Table III  Gross Receipts From Bottled Beer Sales                                      



                                            1987                1988         1989          1990                 
         Total cases purchased            5,579              4,824         4,879     2,600                      
         Multiplied by 24 bottles/case          24          24            24          24                        
         Total bottles purchased          133,896            115,776       117,096    62,400                    
         Less: 2 bottles/case discretionary                                                                     
         use allowance1                    11,158        9,648         9,758       5,200                        
         Total bottles sold               122,738            106,128       107,338    57,200                    
         Multiplied by $1.102              $1.10        $1.10         $1.10       $1.10                         
         Total gross receipts from                                                                              
         bottled beer sales           $135,011.80  $116,740.80   $118,071.80  $62,920.00                        
               1The discretionary use allowance was determined by multiplying the number of cases               
         purchased by 2 cans/case.                                                                              
               2$1.10 represents the price per bottle sold.                                                     

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