PK Ventures, Inc. and Subsidiaries, et al. - Page 62

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          particular employee in previous years.  Home Interiors & Gifts,             
          Inc. v. Commissioner, 73 T.C. 1142, 1156 (1980); see also Owensby           
          & Kritikos, Inc. v. Commissioner, 819 F.2d at 1323; Pepsi-Cola              
          Bottling Co. of Salina, Inc. v. Commissioner, 528 F.2d at 179;              
          Commercial Iron Works v. Commissioner, 166 F.2d 221, 224 (5th               
          Cir. 1948), affg. a Memorandum Opinion of this Court.  No single            
          factor is determinative.  Home Interiors & Gifts, Inc. v.                   
          Commissioner, supra at 1156; see also Owensby & Kritikos, Inc. v.           
          Commissioner, supra at 1323; Pepsi-Cola Bottling Co. of Salina,             
          Inc. v. Commissioner, supra at 179.                                         
               Each party presented expert testimony in support of its                
          positions on reasonable compensation levels.  We are not bound by           
          the opinion of any expert when the opinion is contrary to our own           
          judgment.  Bausch & Lomb, Inc. v. Commissioner, 92 T.C. 525, 597            
          (1989), affd. 933 F.2d 1084 (2d Cir. 1991); see also Estate of              
          Hall v. Commissioner, 92 T.C. 312, 338 (1989); Chiu v.                      
          Commissioner, 84 T.C. 722, 734 (1985).  We may embrace or reject            
          expert testimony, whichever in our judgment is most appropriate.            
          Helvering v. Natl. Grocery Co., 304 U.S. 282, 295 (1938).  Thus,            
          we are not restricted to choosing the opinion of one expert over            
          another but may extract relevant findings from each in drawing              
          our own conclusions.  Estate of Hall v. Commissioner, supra at              
          338.  Here, the experts’ usefulness is primarily in the data that           
          they collected and analyzed.                                                






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