- 163 -
1990
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
Compromise agreement (40.1% of $53,021) 21,261
Total source of funds 107,222
Application of Funds:
Schedule C expenditures $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) 14,414
Personal living expenses for 4 persons 23,993
Total application of funds 123,313
Excess of applications over sources of funds $16,091
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