to bring it up to date. It will be observed that if we were entirely successful in connection with sales made from the inventory that a refund of $83,315.48, including interest, would be made. Also if we were successful in having the difference in tax basis allowed during the suit period $91,935.89. we would receive a refund of $8,620.41, or a total of Under item "B" it will be observed that if the sales from the inventory were not considered tax exempt but we were allowed the "Remington-Savage basis" during the suit period, a total refund of $28,819.41 would accurate but in the be made. These figures main should be close to may be slightly actual. in- We are also furnishing a memorandum reflecting data for the post suit period, October 1, 1935 to April 30, 1939. Another years interest, of course, would be added to these figures also. it will imately be observed that $35,000.00 would successful in Browning sales. or of having more for the course, does 1940 upon this This the as be of this made in date an adjustment of approxthe reserve account, if we were Remington-Savage figure would be period from not include April 30, interest. tax to amounts jobbing increased price possibly applied to $5,000.00 1939 to date. This figure, Interest accrued to May 31, approximately $8,000.00.