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9 Water Production Company (UPRRCo.) FIXED CAPITAL AND RATE BASE The development of the Rate Base estimates are herein set out in detail in Tables Vll-a, Vll-b, VIII and IX. The corresponding tables in the November 1st Report are E, F and G. In summary totals, the rate base figures are; .y 1950 1950 Estimated Recorded 1951 Estimated I(na)v eWsittmhe n1t2;30.74 acres of Land (b) With 679.42 acres of Land Original Cost; (a) With 679742 acres of Land Present Day Cost; (a) With! 679.42~acres of Land Water Utility (L.V.L.& W.Co.) 709,300 705,300 690,100 734,800 719,400 734,700 730,600 756,400 1,013,300 1,035,000 1,082,400 Investment Original Cost Present Day Cost 579,700 666,800 854,900 568.100 657.100 869,500 666.300 750.300 978,200 1/ Portion allocated to Water Utility operation It will be observed that two different land acreages are used under the Investment Basis for the Production Company. Reference to the November report (Pages 31 and 32) will show there are 1230.74 acres of Land carried on the books of the Production Company. In the orig­inal estimate, this was included at the recorded book cost of $34,986 under the Investment Basis. On the other two bases, where land was included at "present day cost", It was concluded that but 679.42 acres was used and useful in the production of water. This latter acreage was included at $100 per acre. Under the Investment Basis, sub-(a), in this Supplemental Report, the figures are the same as in the original report - namely, on the full acreage at recorded costs. Under Basis sub-(b), the acreage has been reduced to 679.42 and priced out at the average of the recorded book figures of $28.34 per acre. The 1951 estimate reflects the estimated capital plant ad­ditions and the deduction for the increase in the depreciation reserve