David M. and Teri L. Saykally - Page 16

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                   CPSG, Inc.                                   240,000                                      
                   Walker Interactive Systems3                  16,000                                       
                   Uniplex Software Systems, Inc.               75,000                                       
                   Granite Bay Montessori reimbursements        1,591                                        
                   Miscellaneous                                86                                           
                   TOTAL                                        194,317                                      

                   1 Petitioner submitted expense reports to CPSG, Inc. for his travel and                   
            other expenses that he incurred on its behalf and CPSG, Inc. reimbursed him                      
            for these expenses.                                                                              
                   2 The $40,000 was for a charitable contribution made by CPSG, Inc. on                     
            behalf of petitioner.                                                                            
                   3 Petitioner was a member of the board of directors of Walker                             
            Interactive Systems.                                                                             
            The receipts reported for CPSG Ventures for 1995 on petitioners’                                 
            Schedule C consisted of the following items:                                                     
                   CPSG, Inc. reimbursements                    $53,187                                      
                   Walker Interactive Systems                   10,500                                       
                   Airline ticket refund                        3,878                                        
                   TOTAL                                        67,565                                       
            The receipts reported for CPSG Ventures for 1996 on petitioners’                                 
            Schedule C consisted of the following items:                                                     
                   CPSG, Inc. reimbursements                    $53,618                                      
                   Walker Interactive Systems                   18,500                                       
                   TOTAL                                        72,118                                       
            Petitioners claimed as deductions the following expenses on their                                
            Schedules C for CPSG Ventures for the taxable years listed:                                      
                   Description                 1994         1995              1996                           
                   Depreciation             $5,017       $10,053      -0-                                    
                   Car & truck              --           5,799        $5,807                                 
                   Interest                 386          --                 --                               
                   Legal/professional       1,374        79                 30                               
                   Office expense           905          --                 202                              
                   Supplies                 970          865       12,604                                    
                   Travel                   54,644           --          41,870                              
                   Meals                    2,353        4,439        1,900                                  
                   Utilities                9,995        9,457          16,861                               
                   Auto-Std rate  4,133      --          --                                                  
                   Auto taxes               104          --           --                                     
                   Miscellaneous            --           220               75                                
                   TOTAL              79,881             30,912       79,349                                 







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