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was allowed to inspect the machine closely. Lindstrom estimated
the manufacturing cost of the Sentinel EPS recycler to be
approximately $20,000 and the market value of the machine to be
approximately $25,000.
E. Fair Market Value of the Recyclers
At all relevant times, the fair market value of the Sentinel
EPS recyclers did not exceed $50,000 per machine.
F. Petitioners and Their Introduction to Dickinson
Petitioner Myron Barlow (petitioner) is a highly educated
individual. Petitioner received a bachelor’s degree from John
Hopkins University in Baltimore, Maryland, and a medical degree
from the University of Michigan School of Medicine in Ann Arbor,
Michigan. He then completed a 3-year residency program in
dermatology at Wayne State University in Detroit, Michigan.
Thereafter he began the private practice of medicine as a Board-
certified dermatologist. He practiced his profession during the
years in issue and until he retired in 1997.
Petitioner is also a financially successful individual.
During the years in issue, petitioner received compensation from
his professional corporation, Gross Pointe Dermatology
Associates, as follows:
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