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Jacobsen asserts that his 1986 and 1987 net worth statements
should include $3,000 representing the value of the Sport. He
has offered no evidence to substantiate the cost of the Sport.
Mr. Del Bosque’s Sport is valued at a cost of $2,500. We
conclude that Mr. Jacobsen’s 1986 and 1987 net worth statements
should also include $2,500 for the Sport. Since Mr. Jacobsen
disposed of the Sport in 1988, it was properly omitted from his
1988 net worth statement.
b. Mr. Del Bosque’s First Bank East Account
Mr. Del Bosque asserts that his 1986 net worth should be
increased to reflect $12,000 in an account he had at First Bank
East. Mr. Del Bosque’s financial statement dated September 5,
1986, reflects a savings account at First Bank East with a
balance of $12,000 at that time. Although Agent Fisher used the
financial statement to identify assets included in the 1986 net
worth statement, the First Bank East account was not included as
an asset in Mr. Del Bosque’s 1986 net worth statement. The
existence (but not the amount) of the account is evidenced by
Form 1099-INT for 1987 issued by First Bank East to “A J Del
Bosque itf Wilma Del Bosque” with Mr. Del Bosque’s Social
Security number shown as the taxpayer identification number. The
Form 1099-INT reports that only $24.93 of interest was paid on
the account in 1987, supporting Mr. Del Bosque’s testimony that
he withdrew most of the money in that account early in 1987. We
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