Investment Research Associates - Page 60




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               KWJ Corp. paid Weaver a total of $237,677 as commissions               
          from 1979 through 1983.  KWJ Corp. paid $21,000 as consulting               
          fees to unidentified payees during 1982.  KWJ Corp. paid three of           
          Ballard's and Lisle's children (Melinda Ballard, Thomas Lisle,              
          and Amy Albrecht) $1,000 each month during 1983 and deducted the            
          $36,000 as consulting expenses for 1983.  KWJ Corp. had a total             
          of $7,620 in other expenses from 1979 through 1983.                         
               In 1979, KWJ Corp. distributed $60,000 to IRA.  During 1981            
          KWJ Corp. distributed $262,400 to IRA that was treated as a loan            
          from KWJ Corp. to IRA.  In 1982, an offset of $260,000 of the               
          loan was treated as a dividend distribution to IRA.  In 1983, IRA           
          repaid the remaining $2,400 loan.  During 1983, KWJ Corp. was               
          liquidated, and $298,853 was distributed to IRA.                            
               From 1979 through 1983, KWJ Corp. had available or received            
          a total of $921,150 from the following sources:                             






















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