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upr000061-415
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I agree.TABLE N O . 5 m si - tm I l‘as vegas land and water company water facilities AT LAS YEGAS. NEVADA YEAR 1928 * EXPENSES; Interest on $81,401.90 .........$ 4,884.11 Reserve for replacement ...... 296.45 Taxes . ........................... 4,151.82 Rental on Railroad Water Facilities - 12 mos $200. .... 2,400.00 Operations ...... . ....... 4,129.68 Maintenance 588.10 $ 16,250.16 REVENUE; Industrial water sales. ...... 288,00 Wholesale water sales ....... 985.00 Retail water sales ............. . 17,285.70 18,496.70 * PROFIT . ....................................I 2,246.54 * Based upon record of amount in Investment accounts, together with expenses and revenues in accounts. Should 4$ reserve for replacement he deducted, there would he a loss of $991.55 Los Angeles, Cal June 24, 1929.