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Transcription
9 LAS VEGAS LAND AND WATER COMPANY TABLE I ANNUAL DEPRECIATION e x p e n s e AND DEPRECIATION RESERVE 1949 and 1950 Using Original Cost of Plant 1949 Item Original Average Cost Age Estimated Service Life Annual S. L • Depreciation Reserve Requirement 12/31/49 n (Years) (Years) <jj) "ir Sparling meter 8” 842 0 .0 0 25 34 - Water pump (portable) 255 1 1 .0 0 25 10 1 1 0 W. I. pipe 5” 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 X30 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 1 1 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 10 272 544 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 $87,705 Adjusted Totals 1950 Depreciation Expense On 1949 Capital " 1950 A *s & B*s 140,000 t 1 «, Total * ^ Adjustment for defense projects Adjusted Total Reserve Requirement 87,705 + 16,894 = $12,694 Use 12,600 $15,573 1,321 $16,894 2 979 $13,915 - Use $13,900 $104,599 $87,705' A wA x V
