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upr000163-118
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I agree.24 TABLE Q SUMMARY SHOWING INCREASE IN GROSS REVENUE NEEDED FOR RETURN OP 6f Per Cent 1949 Adjusted With Federal Income Tax at 38$ Investment Cost Original Cost Present- Day Cost Required gross operating revenue $251,656 $270,630 $325,364 Gross revenue (Present rates) 202,390 202,390 202,390 Required increase - Amount $ 49,266 $ 68,240 $122,974 Per Cent 24.34 33.72 60.76 1950 Estimated With Federal Income Tax at 38$ Required gross operating revenue $279,450 $298,328 $355,520 Gross revenue (Present rates) 222,000 222,000 222,000 Required increase - Amount $ 57,450 $ 76,328 $133,520 Per Cent 25.88 34.38 60.14 With Federal Income Tax at 45$ Required gross operating revenue $295,988 $316,307 $379,495 Gross revenue (Present rates) 222,000 222,000 222,000 Required increase - Amount 73,988 94,307 157,495 Per Cent 33.33 42.48 70.94