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Appendix I
SOURCE AND APPLICATION OF FUNDS
LARRY, RONNIE, & SYLVIA JOHNSON
1990
Larry Johnson
Source of Funds:
Schedule C gross receipts $40,820
Schedule E gross receipts 29,780
Interest income 2,770
Sun Bank checking account 2,018
Sun Bank savings account 473
Sun Bank CD #48290 1,500
Sec First Cd #788961830 3,500
Callahan Property note receivable 5,100
Total source of funds 85,961
Application of Funds:
Schedule C expenditures 1$13,176
Schedule E expenditures 4,682
Sun Bank checking account 1,043
Sun Bank savings account 568
Sun Bank CD #48290 1,500
Sun Bank CD #55551 (estimated) 4,000
Glendale Federal 3,806
Credithrift mortgage ($83,684) payment 18,500
Constant notes payments 15,600
Credithrift mortgage ($52,500) payment 9,600
Note payments for van 3,600
Investment--Johnson Limo (1988 Cadillac Limo) 8,831
Lincoln Limo (1985) 214,414
Personal living expenses for 4 persons 337,477
Less: Housing costs 3$6,275
Vehicle acquisition costs 33,157 (9,432)
Total application of funds 127,365
Excess of applications over sources of funds 4$41,404
1Appendix 5 (Larry 1990) reflects $19,176. That amount
appears to be a typographical error.
2The original S&A for Larry reflects $14,900 for this item.
The parties agree that $14,414 is the correct amount.
3Petitioners do not agree with the amounts reflected for
these items.
4Appendix A reflects $43,404. The $2,000 difference
represents a $2,000 item for a jet ski reflected in the original
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