Walter L. Medlin - Page 83

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                                SCHEDULE C INTEREST INCOME                            

                           Taxable Year                                               
                                        1985      1986      1987      1988            
          Notice of deficiency                                                        
               Interest income$54,024     $22,224     $20,061       - 0 -             
          Amounts conceded by petitioner                                              
               Payee                                                                  
               Botos               - 0 -       - 0 -         $400       - 0 -         
          Horton                   - 0 -      $10,614       - 0 -       - 0 -         
          Tai                         $27,718      - 0 -        - 0 -       - 0 -     
          Commonwealth Int.            - 0 -       - 0 -        8,305       - 0 -     
          Muroff                       12,761      - 0 -        - 0 -       - 0 -     
          Miles                        - 0 -       - 0 -          380       - 0 -     
          Total                      40,479      10,614       9,085       - 0 -       
          Amounts conceded by respondent                                              
               Payee                                                                  
               Bettner, et al.     $6,773      $5,805      $5,488       - 0 -         
          Amounts in dispute                                                          
               Payee                                                                  
               Bettner, et al.     $6,773      $5,805      $5,488       - 0 -         

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