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2This item was not included on the original S&A for Larry.
The parties agree that the amount reflected for this item is
correct.
3Appendix 5 (Larry 1988) reflects $8,611 for this item.
That amount appears to be a typographical error.
4Petitioners do not agree with the amounts reflected for
these items.
5Appendix A reflects $68,359. The $25,708 difference
represents the result of netting the adjustments addressed in
footnotes 1 and 2.
Ronnie Johnson
Source of Funds:
Schedule C gross receipts $25,785
Barnett Bank saving account 2,091
Trade in for Porsche 14,000
Florida National Bank loan 40,129
Sale of Ford truck (1979) 1500
Total source of funds 82,505
Application of Funds:
Schedule C deductions 11,781
Barnett Bank savings 3,197
Port Orange Property seller mortgage 16,119
Port Orange Property renovations 1,750
Legal fees 1,000
Ford truck (1986) 10,563
Ferrari GTS 328 (1987) 73,129
Note payments 4,585
Estimated tax payments (1988) 21,500
Tax payments (1987) 25,319
Personal living expenses for 2 persons 226,350
Less: Housing costs 2$4,420
Vehicle acquisition costs 22,581
Pension & Social Security 21,927 (8,928)
Total application of funds 146,365
Excess of applications over sources of funds 3$63,860
1This item was not included on the original S&A for Ronnie.
Respondent concedes that the $500 additional source of funds is
correct.
2Petitioners do not agree with the amounts reflected for
these items.
3Appendix A reflects $64,360. The $500 difference
represents the adjustment addressed in footnote 1.
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