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and $64.87, respectively. Petitioner did not have any end-of-
year balances on the Colonial National Bank card.
As of December 31, 1987, 1988, 1989, 1990, and 1991,
Wilderness Taxidermy had accumulated depreciation balances of
$1,504.87, $4,204.87, $7,529.87, $11,511.87, and $15,288.87,
respectively.
Petitioner's purchase of the aforementioned hot tub from
Pool City was financed with a loan from Commercial Credit Corp.
(Commercial Credit). As of December 31, 1988 and 1989, the
outstanding balances on the Commercial Credit loan were $4,820.89
and $2,476.72, respectively. Petitioner paid off the Commercial
Credit loan in full during 1990.
During 1988, petitioner obtained a loan of $3,034.20 from
Manufacturers Hanover Consumer Discount Co. (Manufacturers
Hanover). As of December 31, 1988 and 1989, the outstanding
balances on the Manufacturers Hanover loan were $3,034.20 and
$252.85, respectively. Petitioner paid off the Manufacturers
Hanover loan in full during 1990.
During 1987 and 1988, petitioner paid $4,200 and $2,800 in
cash, respectively, to Hubert Zelina for the rent on an
apartment. Petitioner was evicted from the apartment after
failing to pay rent for September, October, and November 1988.
Petitioner was sued for back rent and for damaging the apartment.
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