Estate of Frank Johnson - Page 34




                                       - 121 -                                         
          Application of Funds:                                                        
          Freedom Savings Bank #3058417                     4,545                      
          Freedom Savings Bank CD #4006814                  9,154                      
          Gifts to Larry                                   195,819                     
          Gifts to Ronnie                                1, 248,010                    
          Gifts to Sylvia                                 123,946                      
          Personal living expenses for 2 persons          124,761                      
          Less: Housing costs                1$4,108                                   
          Vehicle acquisition costs     11,950     (6,058)                             
          Total application of funds                    200,177                        
          Excess of applications over sources of funds     $181,034                    
               1Petitioners do not agree with the amounts reflected for                
          these items.                                                                 
               2Appendix F (Ronnie) shows $49,760.  See therein (Ronnie)               
          for an explanation of the difference.                                        
                                         1988                                          
          Source of Funds:                                                             
          Social Security--Frank                           $2,793                      
          Social Security--Katherine                        3,670                      
          Interest income                                   1,438                      
          Freedom S&L #3058417                              4,545                      
          Freedom S&L CD #4006814                           9,154                      
          Trade in for Suburban                             2,500                      
          Total source of funds                          24,100                        
          Application of Funds:                                                        
          Freedom Savings Bank #3058417                     4,546                      
          Freedom Savings Bank CD #4006814                 10,327                      
          Cadillac (1986)                                  16,713                      
          Chevy truck (1986)                               13,855                      
          Gifts to Larry                                  1, 268,359                   
          Gifts to Ronnie                                 1, 364,360                   
          Gifts to Sylvia                                    152,197                   
          Personal living expenses for 2 persons             126,350                   
          Less: Housing costs                 1$4,420                                  
          Vehicle acquisition costs       12,581      (7,001)                          
          Total application of funds                    249,706                        
          Excess of applications over sources of funds     $225,606                    
               1Petitioners do not agree with the amounts reflected for                
          these items.                                                                 
               2Appendix G (Larry) shows $94,067.  See therein (Larry) for             
          an explanation of the difference.                                            





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