Estate of Frank Johnson - Page 45




                                       - 131 -                                         
               1These items were not included on the original S&A for                  
          Larry.  The parties agree that amounts for these items are                   
          correct.                                                                     
               2Petitioners do not agree with the amounts reflected for                
          these items.                                                                 
               3Appendix A reflects $39,723.  The $29,427 difference                   
          represents the sum of those items addressed in footnote 1.                   
                                    Ronnie Johnson                                     
          Source of Funds:                                                             
          Schedule C gross receipts                        $18,975                     
          Application of Funds:                                                        
          Schedule C deductions                              9,487                     
          Rent                                              11,400                     
          Ford truck (1979) purchase                           1788                    
          Chevy Camaro (1968) purchase                      21,050                     
          Chevy Camaro refurbishing costs                    4,800                     
          Barnett Bank savings                                 519                     
          Personal living expenses for 2 persons              323,442                  
          Less: Housing costs               1$3,999                                    
          Vehicle acquisition costs     12,449        6,448)                           
          Total application of funds                      45,038                       
          Excess of applications over sources of funds      4$26,063                   
               1The original S&A for Ronnie reflects $788 for this item.               
          The parties agree that $750 is the correct amount.                           
               2The original S&A for Ronnie reflects $2,550 for this item.             
          The parties agree that $1,050 is the correct amount.                         
               3Petitioners do not agree with the amounts reflected for                
          these items.                                                                 
               4The original S&A for Ronnie reflects $27,525.  The $1,462              
          difference represents the result of netting the adjustments                  
          addressed in footnotes 1 and 2.                                              
                                    Sylvia Johnson                                     
          Source of Funds                                      -0-                     
          Application of Funds:                                                        
          Corvette (1985) note payments                     $7,464                     
          Personal living expenses for 1 person               113,309                  
          Less: Vehicle acquisition costs                   1(998)                     
          Total application of funds                      19,775                       
          Excess of applications over sources of funds       $19,775                   





Page:  Previous  121  122  123  124  125  126  127  128  129  130  131  132  133  134  135  136  137  138  139  140  Next

Last modified: May 25, 2011