- 11 - $70,000 in 1993 and $86,000 in 1994. Petitioner made these quarterly payments after Richard Schwaeber had prepared petitioner's quarterly financial statements. Petitioner compensated Isidore Klein from 1986 to 1995 as follows: Percentage of Year Amount gross sales 1986 $226,752 8.0% 1987 238,298 8.0 1988 405,400 12.4 1989 426,068 12.6 1990 304,100 8.3 1991 251,100 7.7 1992 367,400 10.2 1993 352,000 9.9 1994 368,000 10.0 1995 5,000 –- b. Steven Klein From sometime in the 1980's until January 1995, Steven Klein and Isidore Klein disagreed about how much petitioner would pay Steven Klein, but Isidore Klein ultimately paid Steven Klein what he requested. Steven Klein set his own pay in 1995. Petitioner compensated Steven Klein from 1991 to 1995 as follows: Year Amount 1991 $393,800 1992 476,800 1993 500,400 1994 450,400 1995 820,400 In 1995, petitioner paid Steven Klein: $7,700 per week, $220,000 on December 26, 1995, and $200,000 on December 28, 1995. Steven Klein discussed with Richard Schwaeber how muchPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011