Henry M. Lloyd - Page 25




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                Item 7                                                                
                I/We offer to pay $139,776 (must be more than zero).                  
                Complete item 10 to explain where you will obtain the                 
                funds to make this offer.                                             
                Check only one of the following:                                      
                9 Cash Offer (Offered amount will be paid in 90 days                  
                   or less.)                                                          
                  *       *       *       *       *       *       *                   
                9 Short-Term Deferred Payment Offer (Offered amount                   
                   paid in MORE than 90 days but within 24 months                     
                   from written notice of acceptance of the offer.)                   
                  *       *       *       *       *       *       *                   
                : Deferred Payment Offer (Offered amount will be                      
                   paid over the remaining life of the collection                     
                   statute.)                                                          
                $1,664 within 90 days * * * from written notice of                    
                acceptance of the offer; and                                          
                beginning in the first month after written notice of                  
                acceptance of the offer $1,664 on the 1st day of each                 
                month for a total of 83 months.                                       
               In items 9 and 10 of petitioner’s June 24, 2005 offer-in-              
          compromise, petitioner provided the responses indicated to the              
          following questions:                                                        
















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