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upr000162-079
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I agree.16 Ik TABLE M Sheet 2 REQUIRED GROSS OPERATING REVENUE 1950 Estimated 1949 Adjusted I. With Federal Income Tax at 38$ Return at 6|$ $ 36,762 $ 41,675 Federal income tax 22,532 25,543 Operating expenses 211,336 251,110 Total - Required Gross Revenue $270,630 $298,328 Gross Revenue (Present rates) 202,390 2 2 2 , 0 0 0 Required Increase Amount | 68,240 $ 76,328 Per Gent 33.72 34.38 II. With Federal Income Tax at 45$ Return at 6 f$ $ 41,675 Federal income tax 34,098 Operating expenses 250,534 Total - Required Gross Revenue $316,307 Gross Revenue (Present rates) 2 2 2 , 0 0 0 Required Increase Amount $ 94,307 Per Gent 42.48