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Tax Worksheet - Erica

                                         Erica - Baseline

                                          Main Worksheet

                                                                            2000

                   Filing Status                                           Joint
                   Personal Exemptions                                         4
                                                                     -----------

                   Ordinary Income                                       450,000
                                                                     -----------
                   Adjusted Gross Income                                 450,000
                   Itemized Deductions                                    67,368
                                                                     -----------
                   Taxable Income                                        382,632
                                                                     -----------

                   AMTI Net of Exemption                                 385,000
                                                                     -----------
                   -------------------------------------------------------------

                   Schedule or Table Tax                                 124,190
                   Tentative Minimum Tax                                 104,300
                                                                     -----------
                   Net Federal Tax                                       124,190
                                                                     -----------
                   Total Net Tax Liability                               124,190
                                                                     ===========

-----------------------------------------------------------------------------------------------------

                                 Erica w/500K AMT Preference Income

                                          Main Worksheet

                                            2000         2001         2002         2003         2004

Filing Status                              Joint        Joint        Joint        Joint        Joint
Personal Exemptions                            4            4            4            4            4
                                     -----------  -----------  -----------  -----------  -----------

Ordinary Income                          450,000      450,000      450,000      450,000      450,000
                                     -----------  -----------  -----------  -----------  -----------
Adjusted Gross Income                    450,000      450,000      450,000      450,000      450,000
Itemized Deductions                       67,368       67,488       67,488       67,488       67,488
                                     -----------  -----------  -----------  -----------  -----------
Taxable Income                           382,632      382,512      382,512      382,512      382,512
                                     -----------  -----------  -----------  -----------  -----------

AMTI Net of Exemption                    885,000            0      385,000      385,000      385,000
                                     -----------  -----------  -----------  -----------  -----------
-----------------------------------------------------------------------------------------------------

Schedule or Table Tax                    124,190      123,292      123,292      123,292      123,292
Tentative Minimum Tax                    244,300            0      104,300      104,300      104,300
Nonrefundable Credits                          0     -120,110            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Net Federal Tax                          244,300        3,182      123,292      123,292      123,292
                                     -----------  -----------  -----------  -----------  -----------
Total Net Tax Liability                  244,300        3,182      123,292      123,292      123,292
                                     ===========  ===========  ===========  ===========  ===========


                                     Alternative Minimum Tax

                                            2000         2001         2002         2003         2004

Taxable Income:                          382,632      382,512      382,512      382,512      382,512
                                     -----------  -----------  -----------  -----------  -----------
Prefs & Adjustments:
 Taxes                                    12,000       12,000       12,000       12,000       12,000
 Itemized Deduction Floor                 -9,632       -9,512       -9,512       -9,512       -9,512
 Private Act Bond Interest                     0            0            0            0            0
 Section 1202 Exclusion Pref                   0            0            0            0            0
 Other Deferral Adjs                     500,000     -500,000            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Alt Min Taxable Income                   885,000     -115,000      385,000      385,000      385,000
  Exemption                                    0      -45,000            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Taxable Excess                           885,000            0      385,000      385,000      385,000
                                     -----------  -----------  -----------  -----------  -----------
AMT Tax from Schedule                    244,300            0      104,300      104,300      104,300
Tentative Minimum Tax                    244,300            0      104,300      104,300      104,300
 Regular Tax                            -124,190     -123,292     -123,292     -123,292     -123,292
                                     -----------  -----------  -----------  -----------  -----------
Alternative Minimum Tax                  120,110            0            0            0            0
                                     ===========  ===========  ===========  ===========  ===========

-----------------------------------------------------------------------------------------------------

                                 Erica w/500K AMT Preference Income

                                        Minimum Tax Credit

                                            2000         2001         2002         2003         2004

Taxable Income                           382,632      382,512      382,512      382,512      382,512
                                     -----------  -----------  -----------  -----------  -----------
Exclusion Preferences & Adjs               2,368        2,488        2,488        2,488        2,488
                                     -----------  -----------  -----------  -----------  -----------
Total Exclusion Prefs & Adjs               2,368        2,488        2,488        2,488        2,488
                                     -----------  -----------  -----------  -----------  -----------
AMTI W/ Only Exclusion Prefs & Adjs      385,000      385,000      385,000      385,000      385,000
Exemption                                      0            0            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Taxable Excess                           385,000      385,000      385,000      385,000      385,000
                                     -----------  -----------  -----------  -----------  -----------
AMT Tax from Schedule                    104,300      104,300      104,300      104,300      104,300
AMT Alt Cap Gains Tax                        N/A          N/A          N/A          N/A          N/A
Tentative Minimum Tax W/ Only Excl       104,300      104,300      104,300      104,300      104,300
Regular Tax                             -124,190     -123,292     -123,292     -123,292     -123,292
                                     -----------  -----------  -----------  -----------  -----------
Net Min Tax With Only Exclusion Pref           0            0            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Net Minimum Tax                          120,110            0            0            0            0
Net Minimum Tax With Only
 Exclusion Preferences                         0            0            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
Credit Generated                         120,110            0            0            0            0

 Credit From Prior Years                       0      120,110            0            0            0
 Allowed in Current Year                       0      120,110            0            0            0
                                     -----------  -----------  -----------  -----------  -----------
 Carried to Future Years                 120,110            0            0            0            0
                                     -----------  -----------  -----------  -----------  -----------