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the account was opened in 1977 with an initial deposit of
$10,009.24. In effect, it appears that petitioners are
complaining that their total assets are understated by
$10,009.24 from 1977 when the account was opened through
1983, the year before respondent included the account in
the net worth computation.
Second, petitioners complain that the Provident
Institution for Savings account which is included on
respondent's net worth statement beginning in 1979,
"had been opened in or prior to 1969 and had substantial
balances prior to 1976." Respondent included this account
on the net worth statement for the first time in 1979 with
a balance of $8,168.06. Petitioners contend that they
maintained balances in the account prior to that year.
Essentially, petitioners complain that respondent's net
worth statement understates their total assets by the
amount that was in the Provident Institution for Savings
account from 1976 through 1978, the year before respondent
included the account in his net worth computation.
Third, petitioners complained at trial that
respondent's net worth statement fails to include yearend
balances that were on deposit in the Carmel Credit Union,
account No. 17795, from 1976 through 1979. Respondent
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