BROWNING ARMS COMPANY Sf. LOUIS, MISSOURI Amount of Excise Taxes paid by J. MH. & uw. &. Browning Company upon guns sold upon consignment and imported subse- quently 1932 Amount Arms both quent June to June 18, 1932 - June to October 1, 1935 of Excise Taxes pald Company covering all out of inventory and importations 18, 1932 to for 23,373.65 by Browning sales made from subse- the period 1, 1935 Oetober (additional assessment Department's Report) 16, per Treasury 63,784.64 87,158.29 Total Tax Paid (Hxeluding Interest) Amount of tax which will be refunded if our offer in compromise is accepted (excluding interest) Balance of tax which will be retained by the United States Government Proportion by to of tax which may Government and which automatic shotguns Proportion and which shotguns of is tax which is may applicable to be $63,918.10 retained applicable $6,995.60 be retained superposed 4,922.50 a > y Lo. LO Proportion of tax which may be retained by Government and which is applicable to automatic shotguns : 58,995.60 Amount received from gale of Grades 1 and 2 automatic shotguns represented by increases in price 82,556.86 ixcese of tax over amount in price $16,430.72 paid and received to be retained from increases