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year to EPIC for these services during
1984 and 1983.
Interest is charged or paid to the
Partnership on the due to/from general
partner balance in accordance with the rates
prescribed in the Private Placement Offering
Memorandum. The Partnership incurred $7,057
and earned $9,344 of interest to/from EPIC
and affiliates during 1984 and 1983,
respectively. While not obligated to do so
under the Partnership agreement, the general
partner is anticipated to advance funds to
cover cash flow deficits.
Federal Income Tax Returns Filed on Behalf of EA 83-XII
For Federal income tax purposes, EA 83-XII reported the
following income and expenses for the years in issue:
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