- 162 -
1989
Source of Funds:
Schedule C gross receipts $40,060
Schedule E gross receipts 27,698
Interest income 2,058
Sun Bank checking account 1,341
Sun Bank savings account 923
Callahan Property note receivable 5,100
Trade in for Suburban 6,829
Sun Bank Loan 7,500
Sale of Cadillac (1979) 4,662
Compromise agreement (53.6% of $44,566) 23,887
Total source of funds 120,058
Application of Funds:
Schedule C expenditures $14,764
Schedule E expenditures 5,465
Sun Bank checking account 2,018
Sun Bank savings account 473
Sun Bank CD #48290 1,500
Sec First CD # 788961830 3,500
Credithrift mortgage ($83,684) payment 18,000
Constant notes payments 15,600
Credithrift mortgage ($52,500) payment 9,600
Renovation: Alexander Construction 8,790
Ford T-Bird (1964) 2,000
Jeep CJ-7 (1985) 4,285
Chevrolet Astro Van (1989) 19,329
Note payments for van 1,800
Personal living expenses for 4 persons 23,028
Total application of funds 130,152
Excess of applications over sources of funds $10,094
Page: Previous 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 NextLast modified: May 25, 2011