Ruth N. Nelson - Page 7




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               Year      Gross Income        Expenses       Profit/(Loss)             
               1986      $47,970             $45,970        $  2,000                  
               1987      49,432              49,461         (    29)                  
               1988      44,339              65,437         (21,098)                  
               1989      40,309              66,780         (26,471)                  
               1990      13,364              36,564         (23,200)                  
               1991      9,000               20,368         (11,368)                  
               1992      -0-                 20,106         (20,106)                  
               1993      2,598               19,667         (17,069)                  
               1994      1,638               14,125         (12,487)                  
               1995   ---   ---    ---                                                
               1996   ---   ---    ---                                                
               1997   ---   ---    ---                                                
               1998      13,188              13,156         32                        

               Around 1986, petitioner began to experience what she would             
          come to realize was the beginning of a series of unfortunate                
          circumstances that would affect both her professional and                   
          personal lives.  In 1986, the shoe company, Aspri, that had been            
          paying endorsement moneys to BRVC for the Ruth Nelson Sideout,              
          filed for bankruptcy.  Around May or June of 1987, petitioner               
          suffered a serious back injury and underwent her first back                 
          surgery in 1988.  Consequently, petitioner was forced to hire               
          additional help to perform some of the duties connected with BRVC           
          that petitioner was unable to perform because of her injury and             
          recuperation.                                                               
               Petitioner relocated to Iowa during 1989 to accept a                   
          position as head coach of women's volleyball at the University of           

               2(...continued)                                                        
          of return information for the years 1995 through 1997.                      





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