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V Omaha - April 14, 1950 704-35 Mr. Wm. Reinhardt - Los Angeles (CC-Mr. W. H. Hulsizer) This is in further reference to your letter of March 3, 1950, file 1-7334, to Mr. Hulsizer, and his letter of March 30, 1950, file 3703.1, to me with copy to you. The information shown hereinafter has reference to item B - II - Retirement Expense - Account 782: 1. A statement is attached showing hy the various pipe lines (grouped by service lives) the development of the annual depreciation expense item of $6,204.95. 2. Notation is shown on the statement referred to above that the total depreciation of $6,204.95 does not include any depreciation on the amortized amount. 3* A second statement is attached showing detail of the defense projects and the development of the amor­tization total of $160,482.97. The sum of the totals for the last four columns harmonizes with that total and rep­resents the amounts actually recorded in the accounts dur ing those years. The sum of the totals for the four next preceding columns is also in harmony with that total and represents the restatement of such total in consequence of accelerating the amortization. 4. A third statement is attached which shows the property in the equipment depreciation base and the develop­ment of the equipment depreciation accruals amounting to $1,195.84. 5* In order to more clearly advise with respect to the depreciation expense on the work shop and equipment, and the trucks and automobiles, as of December 31, 1949, it is necessary to also refer to the ledger value of this property. The answers to your questions have, therefore, been expanded as shown below: Description (a) Work shop building \ ((bc)) ECqhueivprmoelnett aanndd tIonotlesrnational Chtervurcoklset sedan ildsmobile sedan lAiPfRe H21 iH n™ Ledger Value ^ 363017..3015 3,518.43 1,039.00 2,724.80 Accrued Depreciation $ 140.73 130.50 1,255.38 1,039.00 595.61