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22 SUMMARY OF OPERATIONS UNDER PRESENT RATES PRODUCTION FACILITIES AND WATER UTILITY OPERATED AS INTEGRATED WATER WORKS 1950 Estimated Investment Original With Federal Income Tax .at 58%' Cost Cost TABLE P Sheet 1 Present- Day Gost Total Operating Revenues $ 2 2 2 , 0 0 0 | ,2 2 2 , 0 0 0 $ 2 2 2 , 0 0 0 OPERATING EXPENSES Operation and Maintenance Production 25,480 25,480 25,480 Distribution 25,000 25,000 25,000 Administrative and General Expenses Production Supervision (UPRR-Cal. Div.) 5,586 5,586 5,586 Management expense 3,038 3,038 Distribution 3,038 Las Vegas office 32,000 32,000 32,000 Rate case expense 1,500 1,500 1,500 Management expense 9,000 9,000 9,000 Pensions 1 , 0 0 0 1 , 0 0 0 1 , 0 0 0 Office rental 1,800 1,800 1,800 Depreciation Production facilities 10,250 13,724 19,637 Distribution facilities 7,850 13,900 18,100 Taxes - Property Production 3,004 1,028 1,028 Distribution 24,000 24,000 24,000 Federal income (38%) 27.547 24,679 20,836 Total Operating Expenses | 177,055 181,735 | 188,005 Net Available for Return 44,945 40,265 33,995 Rate Base - Production Co. $ 709,300 $ 734,700 $1,013,300 Water Utility 579,700 666,800 854,900 Combined Rate Bases $1,289,000 $1,401,500 $1 ,8 6 8 , 2 0 0 Rate of Return (Present rates) 3.49% 2.87% 1.82% Return at 6 -|% on Combined Rate Bases 80,563 87,594 116,762 Income Tax at 38% 49,379 53,687 71,564 Operating Expenses 149,508 157,056 167,169 Total - Required Gross Revenue $ 279,450 $ 298,337 $ 355,495 Required Increase - Amount $ 57,450 $ 76,337 $ 133,495 Per Cent 25.88 34.38 60.13