- 164 - Appendix M COURT’S REVISED SOURCE AND APPLICATION OF FUNDS FOR RONNIE JOHNSON 1983 Source of Funds: -0- Application of Funds: Porsche (1983) purchase $25,200 Total application of funds 25,200 Excess of applications over sources of funds $25,200 1984 Source of Funds: -0- Application of Funds: U.S. Saving Bonds purchases $40,925 Total application of funds 40,925 Excess of applications over sources of funds $40,925 1985 Source of Funds: Schedule C gross receipts $17,575 Trade in for 1983 Porsche 18,000 Total source of funds 35,575 Application of Funds: Schedule C deductions 9,158 Rent and security deposit(less $4,500 claimed on Schedule C 7,575 Porsche (1985) purchase 28,826 Personal living expenses for 2 persons 13,913 Total application of funds 59,472 Excess of applications over sources of funds $23,897Page: Previous 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 Next
Last modified: May 25, 2011