Next the one from Michigan, not quite as clean and with the decals a bit overdone. I'd have thought this was later, in an 80s way, but maybe not:
Shogun 400, 22" (to top of seat tube) mixte frame
SN S3E7119
Decal headbadge, decals all over the place inc 'Cr-Mo' on top tubes
NO 'S' on seatstay lugs
Champion #5 frame, 'Tangaloy' fork
Tange headset
Takagi cranks, SR pedals
Shimano Altus derailleur set
Shimano Tourney brakes
Araya Rims on Shimano hubs, 6 sp cassette
SR Stem, Alps bars
This bike needs a couple of things but the 'big' 22" frame suits my long legged wife. There is one design flaw, which is that the rear brake placement makes it easy for the QR lever to be hit with one's heel while pedaling. I may just take it off.