William and Shirley Pratt - Page 6




                                        - 6 -                                         
          1993                                                                        
              Item                    Amount Claimed  Amount Allowed                  
              Cost of Goods sold     -0-               -0-                            
              Advertising            $106              $106                           
              Car & truck expenses      8,298          8,298                          
              Insurance                 2,967          2,967                          
              Legal & profl. servs.      3,875            3,875                       
              Office expenses           7,955          7,955                          
              Rent1                               20,673163                            
              Repairs                   3,766          3,766                          
              Supplies                112,413             -0-                         
              Utilities                 3,612          3,612                          
              Wages                    45,753          45,753                         
              Other expenses2               28,153     28,153                         

               1  On line 20 of the Schedule C, under “Rent or Lease”,                
          petitioners reported two expenses--$163 for vehicles, machinery &           
          equipment expenses and $20,510 for other business property                  
          expenses.                                                                   
                                                                                     
               2  These expenses consisted of $5,055 for payroll taxes,               
          $1,788 for outside services, $206 for bank charges, $366 for                
          freight & delivery, $4,819 for insurance, $608 for postage, $8,771          
          for shipping/shop supply, $3,766 for telephone, and $2,774 for              
          small tools.                                                                






















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Last modified: May 25, 2011