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    9 LAS VEGAS LAND AND WATER COMPANY TABLE I ANNUAL DEPRECIATION EXPENSE AND DEPRECIATION RESERVE 1949 and 1950 Using Original Cost of Plant 1949 Estimated Annual Reserve Item Original Average Cost Age Service Life . S.L. Depreciation Requirement 12/31/49 ¥ (Years) (Years) «f> J p l Sparling meter 8 ” 842 0 . 0 0 25 34 - Water pump (portable) 255 1 1 . 0 0 25 1 0 1 1 0 Wo I. pipe 3” 444 40.00 40 1 1 444 Welded steel pipe 6 ” 14,423 7.00 40 361 2,527 C. I. pipe -2” 575 0 . 0 0 40 14 - 4" 87,364 1 0 . 0 2 40 2,184 21,884 6 " 351,009 4.87 50 7,020 34,187 8 " 200,497 6.15 65 3,085 18,973 1 0 ” 49,798 3.23 65 766 2,474 1 2 ” 88,694 3.79 80 1,109 4,203 16” 904 1 0 . 0 0 80 11 1 1 0 Office furniture 332 38.00 40 8 304 Chevrolet sedan 1,039 9.00 1 2 87 783 Oldsmobile 2,725 2 . 0 0 1 0 272 544 Shop bldg., frame 285 38.00 40 7 266 Equipment & tools 307 38.00 40 8 304 Chevrolet truck 1,779 2 . 0 0 6 296 592 International truck 1,739 0 . 0 0 6 290 - Total Adjustment for ¥803,011 5.63 defense projects 51.56 $15,573 2,979 $87,795 Adjusted Totals 1950 Depreciation Expense On 1949 Capital ” 1950 A*a & B»s 140,000 1 „ Total * ^ Adjustment for defense projects Adjusted Total Reserve Requirement 87,705 + 16,894 = |12,594 Use 12,600 $15,573 1,321 $16,894 2 979 $13’915 - Use $13,900 $104,599 $87,705