Investment Research Associates - Page 345

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                                         1984                                          
               Description of property: "via BWK Revocable Trust, 50 shs               
               common, 241.274 shs Class A Pfd. - Cashmere Investment                  
               Associates, Inc."                                                       
               Date Acquired: "5/15/83"       Date sold: "7/11/83"                     
               Was property sold to a related party after May 14, 1980?                
               "no"                                                                    
               Gross profit ratio: "104.25"                                            
               Payments received during year: "50,000"                                 
               Taxable part of installment sale: "52,125"                              
                                         1984                                          
               Description of property: "via Everglades Trusts, 400 shs                
               common, 257.266 shs Class A Pfd. - Cashmere Investment                  
               Associates, Inc."                                                       
               Date Acquired: "5/15/83"       Date sold: "7/12/83"                     
               Was property sold to a related party after May 14, 1980?                
               "no"                                                                    
               Gross profit ratio: "95.6776"                                           
               Payments received during year: "100,000"                                
               Taxable part of installment sale: "95,680"                              
                                         1985                                          
               Description of property: "via BWK Revocable Trust, 50 shs               
               common, 241.274 shs Class A Pfd. - Cashmere Investment                  
               Associates, Inc."                                                       
               Date Acquired: "5/15/83"       Date sold: "7/11/83"                     
               Was property sold to a related party after May 14, 1980?                
               "no"                                                                    
               Gross profit ratio: "104.25"                                            
               Payments received during year: "50,000"                                 

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