Estate of Hon Hing Fung, Deceased, Bernard Fung, Executor - Page 22

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                                     Appendix A                                       
                  The Estate’s Calculations As Per Return (Rounded)                   
          Gross Estate                                                                
          Monte Vista:                                                                
               Appraised value               $885,000                                 
               Less: Encumbrances            (649,947)                                
               Net equity value              1237,053                                 
               Less: One-half interest       (118,527)                                
                    Gross estate value                      $118,526                  
          Calle Victoria:                                                             
               Appraised value               870,000                                  
               Less: One-half interest       (435,000)                                
                    Gross estate value                      435,000                   
          Vernon:                                                                     
               Appraised value               475,000                                  
               Less: Encumbrances            (277,257)                                
                    Gross estate value                        197,743                 
          GROSS ESTATE IN UNITED STATES                     751,269                   
          GROSS ESTATE OUTSIDE UNITED STATES                  729,339                 
          TOTAL GROSS ESTATE                                1,480,608                 












               1 $885,000 minus $649,947 equals $235,053, one-half of which           
          would be $117,527 (rounded), but it appears a mathematical error            
          was made on the return.                                                     

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