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Transcription
V p , $50,830.72 instead of *25,112.46. This is calculated as follows: Deficiency in revenue found by Commission $ 25,112.46 > Mathematical error made in computing this deficiency 11,118.26 Understatement of 1951 operation and maintenance expense 5,200.00 Understatement of 1951 administrative and general expense 9,400.00 Total $ 50,830.72 It is understood, of course, that we do not assert that $50,830.72 is the true deficiency which exists. The true deficiency is much greater. We are merely pointing out the great effect these three items in the Commission’s opinion have upon the final result. -68-
