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Transcription
in LAS VEGAS LAND AND WATER COMPANY ANNUAL DEPRECIATION EXPENSE AND DEPRECIATION RESERVE 1940 and 1950 Using Present-Day Cost of Plant TABLE I 1949 Present- Estimated Annual Reserve Item Day Cost Average Age Service Life S. L* Depreciation Requireme: 12/31/49 ¥ “ (Years) (Years) ~ ¥ ~ $ Sparling meter 8” 1,343 0 .0 0 25 53 - Water pump (portable) 430 1 1 .0 0 25 17 187 W. I. pipe 3” 1,165 40.00 40 29 1,165 Welded steel pipe 6 ” 19,889 7.00 40 497 3,479 C. I. pipe 2” 575 0 .0 0 40 14 - 4" 131,981 11.67 40 3,299 38,499 6 " 456,278 6.50 50 9,156 59,514 8" 281,106 6.75 65 4,325 29,194 1 0 " 58,000 4.85 65 892 4,326 1 2 " 110,057 4,19 80 1,376 5,765 16" 1,524 1 0 .0 0 80 19 190 Office furniture 863 38.00 40 22 819 Chevrolet sedan 1,683 9 o 00 1 2 140 1,260 Oldsmoblle " 2,675 2 .0 0 10 267 534 Shop bldg., frame 1,078 38.00 40 27 1,024 Equipment & tools 958 58.00 40 24 910 Chevrolet truck 1,860 2 .0 0 6 310 620 International truck 1,739 0 .0 0 6 290 — Total $1,073,204 7.11 Adjustment for defense projects 51.70 $20,757 3,956 fT477fS6 Adjusted Totals i Use $16,801 16,800 $147,486 1950 Depreciation Expense On 1949 capital On 1950 A*a & B»s (Table H) Total Adjustment for defense projects Adjusted Total Reserve Requirement 147.486 + 22.075" =________ 20,757 1,521 22,078 3,956 "18,122 - Use $18,100 169 f 564-______________
