WILFRED AMERICAN EDUCATIONAL CORP <WAE> 4TH QTR Shr two cts vs 36 cts Net 182,000 vs 3,433,000 Revs 20.1 mln vs 21.4 mln Year Shr 71 cts vs 98 cts Net 6,706,000 vs 9,275,000 Revs 85.7 mln vs 75.4 mln NOTE: 1985 net both periods includes gain 743,000 dlrs from cancellation of debt. 1986 quarter net includes reversal of 216,000 dlrs in investment tax credits.