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upr000163-108
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I agree.14 TABLE L Sheet 2 I. II. REQUIRED GROSS OPERATING REVENUE 1949 1950 Adjusted Estimated With Federal Income Tax at 38$ Return at 6i$ | J30,706 $ 36,231 Federal income tax 18,820 22,206 Operating expenses 202,130 221,013 Total - Required Gross Revenue $251,656 $279,450 Gross Revenue (Present rates) 202,390 2 2 2 ,0 0 0 Required Increase - Amount $ 49,266 $ 57,450 Per Cent 24.34 25.88 With Federal Income Tax at 45$ Return at 63$ $ 36,231 Federal income tax 29,644 Operating expenses 230,113 Total - Required Gross Revenue $295,988 Gross Revenue (Present rates) 2 2 2 ,0 0 0 Required Increase Amount $ 73,988 Per Cent 33.33