- 168 - 1990 Source of Funds: Schedule C gross receipts $36,580 Interest income 310 Barnett Bank checking account 631 Barnett Bank saving account 8,097 Trade in for Ford Truck (1986) 8,659 Loan from FMCC for Bronco (1990) 10,806 Credit Life Insurance financing for Bronco 570 Total source of funds 65,653 Application of Funds: Schedule C deductions (less $700 depreciation) 19,215 Barnett Bank checking account 698 Barnett Bank savings 6,192 Port Orange Property seller mortgage (less $5,689 claimed on Schedule C) 10,430 Ferrari GTS 328 (1987) payments 11,004 Note payments on 1,512 Triumph (1979) 1,200 Bronco (1990) 24,035 Payments on FMCC note 776 Investment-Johnson Limo 8,831 Lincoln Limo (1985) 14,414 Personal living expenses for 2 persons 18,707 Total application of funds 117,014 Excess of applications over sources of funds $51,361Page: 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