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2. The Vehicles
On December 6, 1994, Michael bought a new Ford F250 truck
for the plumbing business. He paid $2,100 in cash and financed
the remaining $22,261.30 at an interest rate of 9.9 percent, with
monthly payments of $471.83. In 1995, petitioners made payments
on this loan totaling $5,662. Of this total, petitioners paid
$1,200 by check and $4,462 in cash. See supra note 2, as to
respondent’s concessions. Michael continued to use the truck for
business purposes in 1995.
On August 15, 1995, Michael bought a 1993 500SL Mercedes-
Benz for $85,311. He did not make a downpayment. He financed
the car at an interest rate of 13.25 percent, with monthly
payments of $1,449.73.
On September 1, 1995, Michael bought a 1994 C2 3.6 Porsche
for $108,630.61. Again, he did not make a downpayment. He
financed the car at an interest rate of 13.1 percent, with
monthly payments of $1,775.26.
A Mercedes-Benz that had been bought by one or both of the
petitioners in 1992 or 1993, was stolen in 1994 or 1995.
3. Cash Advances
On May 30, 1994, petitioners withdrew a $2,500 cash advance
from their American Express Optima account. On August 12, 1994,
petitioners withdrew a $3,000 cash advance from their First USA
Visa account. On March 21, 1995, petitioners deposited a $5,000
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