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HomeMy WebLinkAbout08-11-06 . REV-1500 EX (6-00) OFFICIAL USE ONLY COMMONWEALTH OF PENNSYLVANIA DEPARTMENT OF REVENUE DEPT. 280601 HARRISBURG, PA 17128-0601 REV-1500 INHERITANCE TAX RETURN RESIDENT DECEDENT FILE NUMBER ~L COUNlY CODE ~L 0509 ___ YEAR NUMBER ~ Z W o w frl o DECEDENTS NAME (LAST, FIRST, AND MIDDLE INITIAL) Fasnacht Catherine DATE OF DEATH (MM-DD-YEAR) DATE OF BIRTH (MM-DD-YEAR) 6/3/2006 8/2/1919 (IF APPLICABLE) SURVIVING SPOUSE'S NAME (LAST, FIRST, AND MIDDLE INITIAL) Not A licable [i] 1. Original Return D 4. Limited Estate [X] 6. Decedent Died Testate (Attach copy of Will) D 9. Litigation Proceeds Received E SOCIAL SECURITY NUMBER 199-05-8951 THIS RETURN MUST BE FILED IN DUPLICATE WITH THE REGISTER OF WILLS SOCIAL SECURITY NUMBER W I- ~<CIl uii:~ wl1.U :1:00 UO::.J 11.1Il 11. < D 2. Supplemental Retum D 3. Remainder Return (date of death prior to 12-13-82) D 4a. Future Interest Compromise (date of death after 12-12-82) D 5. Federal Estate Tax Retum Required D 7. Decedent Maintained a Living Trust (Attach copyofTrust) _ 8. Total Number of Safe Deposit Boxes D 10. Spousal Poverty Credit (dale of death between 12-31-91 end 1-'-951 D 11. Election to tax under Sec. 9113(A)(AtlechSchOJ THIS SECTION MUST BE COMPLETED. ALL CORRESPONDENCE AND CONFIDENTIAL TAX INFORMATION SHOULD BE DIRECTED TO: NAME COMPLETE MAILING ADDRESS ... z w o z o II. Ul W lk: lk: a o Vick Ann Trimmer, Es ire FIRM NAME (If Applicable) METTE, EVANS & WOODSIDE TELEPHONE NUMBER 3401 North Front Street PO Box 5950 717-232-5000 Harrisburg, PA 17110-0950 4. Mortgages & Notes Receivable (Schedule D) 5. Cash, Bank Deposits & Miscellaneous Personal Property (Schedule E) (4) 78,000.00 0.00 0.00 0.00 22,536.03 6,114.22 OFFICIAL USE O~L,Y) 1. Real Estate (Schedule A) (1) 2. Stocks and Bonds (Schedule B) (2) (5) 3. Closely Held Corporation, Partnership or Sole-Proprietorship (3) z o i= ~ ::l ~ ii: <( u W 0::: 6. Jointly Owned Property (Schedule F) (6) D Separate Billing Requested 7. Inter-Vivos Transfers & Miscellaneous Non-Probate Property (7) (Schedule G or L) 1,371.43 " ,} ~ 10. Debts of Decedent, Mortgage Liabilities, & Liens (Schedule I) (10) (8) 15,644.55 118.10 108,021.68 8. Total Gross Assets (total Lines 1-7) 9. Funeral Expenses & Administrative Costs (Schedule H) (9) (13) 15,762.65 92,259.03 0.00 11. Totsl Deductions (total Lines 9 & 10) (11) 12. Net Value of Estate (Lin e 8 minus Line 11) 13. Charitable and Governmental Bequests/See 9113 Trusts for which an election to tax has not been made (Schedule J) (12) 14. Net Value Subject to Tax (Line 12 minus Line 13) (14) 92,259.03 SEE INSTRUCTIONS ON REVERSE SIDE FOR APPLICABLE RATES 15. Amount of Line 14 taxable at the spousal tax ~ rate, or transfers under Sec. 9116 (a)(1.2) i= < 16. Amount of Line 14 taxable at lineal rate I- ::l Ii 17. Amount of Line 14 taxable at sibling rate a U 18. Amount of Line 14 taxable at collateral rate >< ~ 19. Tax Due 20.0 0.00 92,259.04 0.00 0.00 x.O L(15) x.O ~(16) (19) 0.00 4,151. 66 0.00 0.00 4,151.66 x .12 (17) x .15 (18) CHECK HERE IF YOU ARE REQUESTING A REFUND OF AN OVERPAYMENT > > .$E$URE T()A~$~ALI..QOESTi()NS.ON;RI:VE,'." . kSE S, IDE ANP RECHECK MATH < < . . <,. . '--, 3W4645 1.000 l\}V I C I t Add Decedents omPle e ress: SlREET ADDRESS 2140 Market Street Cumberland CI1Y I STATE I ZIP Camp Hill PA 17011- Tax Payments and Credits: 1. Tax Due (Page 1 Line 19) 2. Credits/Payments A. Spousal Poverty Credit 8. Prior Payments C. Discount (1 ) 4 ,151. 66 0.00 0.00 207.58 Total Credits (A + 8 + C) (2) 207.58 3. Interest/Penalty if applicable D. Interest E. Penalty 0.00 0.00 TotallnterestlPenalty (D + E) (3) 0.00 4. If Line 2 is greater than Line 1 + Line 3, enter the difference. This is the OVERPAYMENT. Check box on Page 1 Line 20 to request a refund (4) 0.00 5. If Line 1 + Line 3 is greater than Line 2, enter the difference. This is the TAX DUE. (5) 3,944.08 A. Enter the interest on the tax due. (SA) 0.00 8. Enter the total of Line 5 + SA. This is the BALANCE DUE. (58) 3,944.08 III~~ PLEASE ANSWER THE FOLLOWING QUESTIONS BY PLACING AN "X" IN THE APPROPRIATE BLOCKS 1. Did decedent make a transfer and: a. retain the use or income of the property transferred;. . . . . . . . . . . . . . . b. retain the right to designate who shall use the property transferred or its income; . c. retain a reversionary interest; or . . . . . . . . . . . . . . . . . . . . . . . . d. receive the promise for life of either payments, benefits or care? . . . . . . . . . 2. If death occurred after December 12, 1982, did decedent transfer property within one year of death without receiving adequate consideration? . . . . . . . . . . . . . . . . . . . . . . . . . . .. D 3. Did decedent own an "in trust for" or payable upon death bank account or security at his or her death? D 4. Did decedent own an Individual Retirement Account, annuity, or other non-probate property which contains a beneficiary designation? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. [i] D IF THE ANSWER TO ANY OF THE ABOVE QUESTIONS IS YES, YOU MUST COMPLETE SCHEDULE G AND FILE IT AS PART OF THE RETURN. Under penalties of perjury, I declare that I have examined this return, including accompanying schedule. and statements, and to the best of my knowledge and belief, it is true, correct and complete. Declaration of preparer other than the personel representative I. based on all information of which prepar <,has any k ~edge. < SIGNATURE OF PERSON RESPONSIBLE FOR FILING RETURN Peter E. Fasnacht/Linda J. Leicht ~ ADDRESS Yes No D D D D []g []g []g ua og og 4708 Maple Avenue SIGNATURE OF PREPARER 011-iER 11-iAN REPRESENTATIVE Vicky Ann Trimmer, Esquire ADDRESS Mechanicsburg, PA 05 AU/~~ 3401 N. Front Street, PO Box 5950 Harrisburg, PA 17110-0950 Il4 111M __ ~~, For datas of death on or after July 1, 1994 and before January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 3% (72 P.S. 99916 (a) (1.1) (i)]. For datas of death on or after January 1, 1995, the tax rate imposed on the net value of transfers to or for the use of the surviving spouse is 0% [72 P.S. 9 9116 (a) (1.1) (ii)) The statute does not exempt a transfer to a surviving spouse from tax, and the statutory requirements for disclosure of assets and filing a tax return are still applicable even if the surviving spouse is the only beneficiary. For dates of death on or after July 1, 2000: The tax rate imposed on the net value of transfers from a deceased child twenty-one years of age or youngar at death to or for the use of a natural parent, an adoptive parent, or a stepparent of the child is 0% [72 P.S. 99116(a)(1.2)1. The tax rate imposed on the net value of transfers to or for the use of the decadent's lineal beneficiaries is 4.5%, except as noted in 72 P.S. 9 9116(1.2) [72 P.S. 99116(a)(1)]. The tax rate imposed on tha net value of transfers to or for the use of the decadent's siblings is 12% (72 P.S. 9 9116(a)(1.3)). A sibling is defined, under Section 9102, as an individual who has at least one parent in common with the decadent, whether by blood or adoption. 3W4646 1.000 COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE A REAL ESTATE REV-1502 EX + (6-98) ESTATE OF FILE NUMBER Catherine E. Fasnacht 21 06 0509 All real property owned solely or as a tenant in common must be reported at fair market value. Fair market value is defined as the price at v.t1ich property would be exchanged between a willing buyer and a willing seller, neither being compelled to buy or sell, both having reasonable knowledge of the relevant facts. Real property which Is jointly-owned with right of survivorship must be disclosed on Schedule F. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Condominium located at 2140 Market Street, Borough of Camp Hill, Cumberland County, Pennsylvania; Tax Parcel Number 01-21-0271-366.-U202B Valuation is based on pending contract for sale of property. 78,000.00 3W4695 1.000 TOTAL (Also enter on line 1, Recapitulation) (If more space is needed, insert additional sheets of the same size) $ 78,000.00 REV.1508 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT SCHEDULE E CASH, BANK DEPOSITS, & MISC. PERSONAL PROPERTY ESTATE OF Catherine E. Fasnacht FILE NUMBER 21 06 0509 Include the proceeds of litigation and the date the proceeds were received by the estate. All property jolntly-owned with the right of survivorship must be disclosed on Schedule F. ITEM NUMBER DESCRIPTION VALUE AT DATE OF DEATH 1 PNC Bank Checking Account #5140019574 21,536.03 2 Tangible Personal Property Household goods and furnishings and miscellaneous items of personal property 1,000.00 3W46AD 1.000 TOTAL (Also enter on line 5 RecaDitulation\ $ (If more space is needed, insert eddilional sheets of the same size) 22,536.03 REV-1509 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Catherine E. Fasnacht SCHEDULE F JOINTL V-OWNED PROPERTY FILE NUMBER 21 06 0509 If an asset was made joint within one year of the decedent's date of death, it must be reported on Schedule G. SURVIVING JOINT TENANT(S) NAME ADDRESS RELATIONSHIP TO DECEDENT A. Fasnacht, Sr., Peter E 4708 Maple Avenue, Mechanicsburg, PA 17055 Son 8. c. JOINTLY-OWNED PROPERTY: lETTER DATE DESCRIPTION OF PROPERTY %OF DATE OF DEATH ITEM FOR JOINT MADE INCLUDE WlME OF FINANCIAL INSTITUTION AND BANK ACCOUNT DATE OF DEATH DECD'S VALUE OF "'-NBEROR SlMllAR IDENTIFYING NUMBER. ArrACH DEED FOR NUMBER TENANT JOINT JOINTLY-HOLD REAL ESTATE. VALUE OF ASSET INTEREST DECEDENT'S INTEREST 1. A. 1 7/13/2001 100 Par PNC Bank Certificate of Deposit Account #31400215071 , owned jointly with decedent's son, Peter E. Fasnacht 12,203.05 50.0000 6,101. 53 Interest accrued to 6/3/2006 25.37 50.0000 12.69 TOTAL fAlso enter on line 6 Recaoitulationl $ 6.114.22 3W46AE 1.000 (If more space is needed, insert addKional sheets of the same size) REV-1510 EX + (6-98) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Catherine E. Fasnacht SCHEDULE G INTER-VIVOS TRANSFERS & MISC. NON-PROBATE PROPERTY FILE NUMBER 21 06 0509 This schedule must be completed and filed if the answer to any of questions 1 through 4 on the reverse side of the REV-1500 COVER SHEET is yes. DESCRIPTION OF PROPER1Y ITEM IN:l.LDE ll-E ~E OF 1l-E TRANSFEREE, THEIR RELATIONSHIP TO DEceDENT AND DATE OF DEATH % OF DECD'S EXCLUSION TAXABLE NUMBER Tl-E DATE OF TRANSFER. ATTACH A COPY OF TI-E DEED FOR REAL ESTATE VALUE OF ASSET INTEREST (IF APPUCABLEl VALUE 1. DuPont Savings and Investment Plan Retirement Account; beneficiary is decedent's son, Peter E. Fasnacht 1,371.43 100.0000 0.00 1,371.43 TOTAL (Also enter on line 7, Recapitulation) $ 1.371.43 (If more space is needed, insert addnional sheets of the same size) 3W46AF 1.000 REV-1511 EX+ (12-99) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RETURN RESIDENT DECEDENT ESTATE OF Catherine E. Fasnacht ITEM NUMBER A. B. FUNERAL EXPENSES: 1. Parthemore Funeral Home, New Cumberland, PA SCHEDULE H FUNERAL EXPENSES & ADMINISTRATIVE COSTS FILE NUMBER 21 06 0509 Debts of decedent must be reported on Schedule I. DESCRIPTION Total from continuation schedules Street Address City Relationship of Claimant to Decedent 4. Probate Fees 1. ADMINISTRATIVE COSTS: Personal Representative's Commissions Name of Personal Representative(s) Social Security Number(s) I EIN Number of Personal Representative(s) 5. Accountant's Fees 6. Tax Return Preparer's Fees 7. 1 Cumberland Law Journal Advertise estate notice Street Address City Year(s) Commission Paid: 2. Attorney Fees State Zip 3. Family Exemption: (If decedent's address is not the same as claimant's, attach explanation) Claimant 3W46AG 1.000 2 The Sentinel Advertise estate notice State Zip TOTAL (Also enter on line 9, Recapitulation) (If more space is needed, insert additional sheets of the same size) $ AMOUNT 7,883.00 1,195.00 6,000.00 340.00 75.00 151.55 15 644.55 Estate of: Catherine E. Fasnacht Item No. 2 199-05-8951 Schedule H Part 1 (Page 2) Description Amount Rolling Green Cemetery Grave opening and grave marker 1,195.00 Total (Carry forward to main schedule) 1,195.00 REV-1512 EX + (12-03) COMMONWEALTH OF PENNSYLVANIA INHERITANCE TAX RElURN RESIDENT DECEDENT ESTATE OF Catherine E. Fasnacht SCHEDULE I DEBTS OF DECEDENT, MORTGAGE LIABILITIES, & LIENS FILE NUMBER 21 06 0509 Report debts incurred by the decedent prior to death which remained unpaid as of the date of death, including unreimbursed medical expenses. ITEM NUMBER 1. DESCRIPTION VALUE AT DATE OF DEATH Condominium fee for June 100.00 2 PPL Corporation Electric bill 18.10 3W46AH 2000 TOTAL (Also enter on line 10, Recapitulation) $ (If more space is needed, insert additional sheets of the same size) 118.10 Estate of: Catherine E. Fasnacht 199-05-8951 Schedule J Part 1 (Page 2) Item No. Description Relation Amount 2 Peter E. Fasnacht, Sr. 4708 Maple Avenue Mechanicsburg, PA 17055 Condominium located at 2140 Market Street, Borough of Camp Hill, Cumberland County, Pennsylvania; Tax Parcel Number 01-21-0271-366.-U202B Inventory Value: 39,000.00 DuPont Savings and Investment Plan Retirement Account; beneficiary is decedent's son, Peter E. Fasnacht Inventory Value: 1,371.43 100 Par PNC Bank Certificate of Deposit Account #31400215071, owned jointly with decedent's son, Peter E. Fasnacht Inventory Value: 6,101.53 Accrued: 12.68 Tangible Personal Property Inventory Value: 500.00 Son 46,985.64 3 Linda J. Leicht 4708 Maple Avenue Mechanicsburg, PA 17055 Condominium located at 2140 Market Street, Borough of Camp Hill, Cumberland County, Pennsylvania; Tax Parcel Number 01-21-0271-366.-U202B Inventory Value: 39,000.00 Tangible Personal Property Inventory Value: 500.00 Daughter-in-law 39,500.00 LAST WILL AND TESTAMENT OF CATHERINE E. FASNACHT I, CATIIERlNE E. FASNACHT, of the Borough of Camp Hill, Cumberland County, Pennsylvania, being of sound mind, do make, publish and declare this to be my Last Will and Testament, hereby revoking and making void any and all former Wills made by me at any time heretofore. 1. I direct that the expenses of my burial and all my debts be paid as soon after my death as may be convenient to my Executor or Executrix hereinafter named. 2. Death taxes: All federal, state and other death taxes payable on the property forming my gross estate for those purposes, whether or not it passes under this will, shall be paid out of the principal of my probate estate just as if they were my debts, and none of those taxes shall be charged against any beneficiary. This provision shall not apply to any property over which I have a general power of appointment for federal estate tax purposes. 3. I appoint as my Co-Executors of this Will, my son, PETER E. FASNACHT and my daughter-in-law, LINDA J. LEICm, to serve jointly. If eitI~er of my Co-executors are unable or unwilling to serve, I hereby appoint the other as sole Executor. 4. I make the following specific bequests: A. I give all my household belonging, and other tangible personal property to my son, PETER E. FASNACHT and my daughter-in-law, LINDA]. LEICHT. Ct.:(. B. I give $20,000.00 in trust, to my Trustees, PE1ER E. FASNACHT and LINDA ]. LEICHT. to be held for the benefit of PETER E. F ASNACm,]r., under the terms set forth below: 1. My Trustees shall distribute in quarterly or other distributions as they see fit $2,000 per year to my grandson; 2. My Trustees shall make such additional distributions from the trust corpus as they may in their sole discretion see fit for personal needs or emergencies of PETER E. FASNACHt, JR.; 3. At the end of ten years the Trust shall terminate and any remaining funds shall be distributed to PETER E. FASNACHT,]R. C. I give my condominium and any other real estate or interest in real estate which I may have at my death to my son PETER E. FASNACHT and my daughter-in-law, LINDA ]. LEICHT. 5. I give all the rest, residue and remainder to my son, PETER E. FASNACHT and my daughter-in-law, LINDA]. LEICHT 6. I make no provision in this Will for any bequests or devises to my grandchildren (other than Peter E. Fasnacht, Jr.) from whom I have been estranged for a number of years. 7. I give to my Executrix, Executor and Trustees all those powers granted by law pursuant to the Pennsylvania Probate, Estates, and Fiduciaries Code. I direct that their authority be construed in the broadest manner consistent with validity and with their duties as fiduciaries hereunder in carrying out and executing my Will. 8. To the extent that such requirements can be legally waived, I direct that my Executrix, Executors and Trustees shall not be required to post any bond or give any security in connection with - 2 - 4 {, . their duties, hereunder. IN WITNESS WHEREOF, I, CATHERINE E. FASNACHT, have hereunto set my hand and seal to this, my Last Will and Testament which consists of 3 typewritten pages, this ~ of fL~~.. 1999. ?\ ~tttiZ., -:C ~p It~ c:.. CATHERINE E. FASNACHT Signed, sealed, published and declared by the above-named, Testatrix, as her Last Will and Testament in the presence of us, who at her request, in her presence and in the presence of each other R~~s&;:=~~m~~~ ltn ss J ~ h1. Ad--4 Witness of 3 &,t1J ~ k. #303 //~ '17 /7/0"/ ACKNOWLEDGMENT COMMONWEALTH OF PENNSYLVANIA ) ) ss. '\; ) COUNTY OF DAUPHIN I, CA TIffiRINE E. FASNACHT, Testatrix, whose name is signed to the attached or foregoing instrument, having been duly qualified according to law, do hereby acknowledge that I signed and executed this instrument as my Last Will; that I signed it willingly; and that I signed it as my free and voluntary act for the purposes therein expressed. tr/k~ E,~~/L-# CA'TIIERINE E. FASNACHT - 3 - Sworn or ~ffinned to and ackn~ged~ me, by CA1HERlNE E. FASNACHT...the Testatrix, this /?"P7 day of p. ~ ./.1999. NotMal Sf8 - I JIdt\ A. Harper, ~PutitIc; d Harrillburg. Dauphin My Commission Expinls Sept 1 2001 Member Penns',llvanta Assoc:iation M I\"fd~':'- AFFIDAVIT COMMONWEALTH OF PENNSYLVANIA ) ) ss. COUNTI' OF DAUPHIN ) we,~/7).~ and~Abu-. the witnesses W ose names are slgned to the attached and foregomg mstrument, bemg duly qualified according to law, do depose and say that we were present and saw the Testatrix sign and execute the instrument as her Last Will; that she signed willingly and that she executed it as her free and voluntary act for the purpose therein expressed; that each of us in the hearing and sight of the Testatrix signed the Will as witnesses; and that to the best of our knowledge, the Testatrix was at that time 18 or more years of age, of sound mind and under no constraint or undue influence. . S~om ot;?lffirm~d to a...'1d subscribed to before me by these witnesses, this /7'/1; day of 71n~ , \999. 7/I(l~.~ &/4--- I . Yh. A~ -~~---".'I---' JudIth A. ~ Sea! . .=-_.,,~~.~.~ He~lg.~U~-~ I My CommlSStOo Expif'~S~ 2001 Mflmbef Dcuuv..... . Ass . . , . .......,,}..vBma OClati{ln of ~,~'4riiY - 4- JUN-25-2005 15:38 PNCBANK 412 758 3458 o PNCBAN< June 26, 2006 Mette, Evans & Woodside Attn: Lisa J Knode 340 1 North Front St. POBox 5950 Harrisburg, PA 17110-0950 scp RE: Estate of Catherine E Fasnacht (Deceased) SSN: 206-97-2705 DOD: 06-03-2006 Dear Ms. Knode: In response to your request for Date of Death balances for the customer noted above, our records show the following: Certificate of Deposit Account #31400215071 Established 07-13-2001 CATHERINE E FASNACHT OR PETER BDW ARD F ASNACflT DOD balance: $12,203.05 + $2S.37accrued interest Checking Account Account #5140019574 Established 11~01-1965 CATHERINE E FASNACHT DOD balance: $21,536.03 Non interest bearing account Please note that this office only provides date of death balances for deposit accounts (lRAs, CDs, Checking and Savings accOlmts). We do not process any fmancial transactions or provide statements. If you need assistance with any of these items, please call1-888-PNC-BANK (1-888-762-2265) or stop by your local PNC Bank branch office. Sincerely, ~;1~ Erica L Schlegel 1-800-762-1775 P7 -PFSC-04-F 500 First A vc. Pittsburgh PA 15219 Member FDIC P. 01/01 TOTRL P.01 o (!) C> ClOD c C) "'- OC'.J 1"- to (~) w o~s 8 ~'1Cl.. N 02 r- 0 c) CJ::: l"~ w... ;~~i~ C'i :'~~_: ::{ r::) C~l ~ l,.. U I. ,- '--' i.' . , i ~ t.-" 1.,1 ,-' r:: p'( (\C c cJ o V\ o o ~ ~Z Eo- Q ~ """,,0 ~ ~ en \ 00"'" ~ ~~~~ c:r p -::: Cl 0 ~ t5 tJ:: - t"- O jEo- <; ~ = cO O~ OOQE ~ - U1 g~ ~ ~~E-<Eo-~,,", 1'0 -=;; fT\ ~O<~~< en U~C") ~ p....... ~ fT\ Uoo ~~ en:>-'O'O Cl oo~~~o~ E-'.-:1E-'enr- II == ru en.-:1~ ....... \ ~z ~~ H ~ - - U1 o~~o~ g1~8g;~ - Cl - >U)O~ .~ :z;~ Op... - - Cl ~WEo-O~OO P::OP.tJ:: - ---= Cl ~p::~~~ - ~~~z , - ~.-:1p.-:1 == - Cl ~E-'p::oen 1 ~o ""' - - ru ~ ~ p'en~UH - - cO ::z;H1'O .-:1 - r'I \ ~p... ~ ~0S~~ == U1 ~~ 1 c3~u~U - Cl == -=== Cl t"- .. 0 ~