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APPENDIX H
1988 1989 1990 1991
Mathematical errors:
Reported taxable income allowed twice --- 71,907 73,861 78,032
CD purchases deducted as reported receipts --- --- --- 290,000
Transfer1 included as $5,000.10. Should be
$500.10 --- --- 4,500 ---
Distributive share Radtam “S” Corp. income
reported and included in deposits from corp. (38,341) --- --- ---
Salary withholding - gross is taxable but only
net was deposited 440 326 292 301
Transfers used to purchase CD’s not in
statutory notice --- --- --- (214,500)
Transfers between accounts - not in statutory
notice of deficiency:
To First Fidelity2 Bank --- --- (25,000) ---
To Barnett3 Bank --- --- (85,000) ---
To Barnett4 Bank --- --- (50,000) ---
To Chemical5 Bank --- --- --- (22,000)
To Chemical6 Bank from Commerce Bank --- --- --- (17,000)
To Chemical7 Bank --- --- --- (26,000)
To Chemical8 Bank --- --- --- (8,255)
Refund of advance to Radtam --- (5,425) --- ---
Corp. funds used to purchase 610 S. Reed --- --- 17,000 ---
Radtam funds9 used to pay King Mortgage on
personal real estate --- 64,000 --- ---
Cash expenditure/Lot 26 B 388 Unit 12 --- --- (25,000) ---
Specific rental income checks deposited to
corporate bank accounts - added separately
in statutory notice of deficiency --- (44,250) (83,424) (115,267)
Additional identified paybacks to corporations:
Chemical10 Bank (10,000) --- --- ---
Chemical11 Bank (10,000) --- --- ---
Barnett12 Bank (100) --- --- ---
Barnett13 Bank (100) --- --- ---
Barnett14 Bank --- (11,000) --- ---
Chemical15 Bank --- (16,000) --- ---
Barnett16 Bank --- --- --- (2,400)
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