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upr000062 219

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upr000062-219
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    University of Nevada, Las Vegas. Libraries

    * s, TABLE A Flated Capital For discussion purposes, the capital figures as of December SI, 1949, will be used. Las Vegas Land and Water Co< ? In- Original Replace- vestment Cod: Cost ment Cost (1) Undepre elated 1 707,609 $ 780,556 | 798,400 (B) Less Reserve; (a) for depreciation 71,875 64,500 76,400 (b) for amortization 10,000 10,000 10,000 (5) Depreciated 625,754 706,056 712,000 Deduct donations in aid of construction • 132,000 - 132,000 -132,000 Add working capital 15,000 15,000 15,000 (4) Ret Rat® Base # 508,734 $ 589,036 # 595,000 Use 508,700 589,000 595,000 Los Angeles & &alt Lake Railroad Co* (5) Undepreciated i 34,986 | (a) Land 34,983 # 132,000 (6) (b) Plant 753,695 767,553 1,031,703 Total "?7357551 —TO7539 XTO7TO (7) Less Reserve Requirement 75,999 77,396 119.087 (8) Depreciated “71$7$5g —7557133 1,044,616 (9) To LVL&WOo. (96.31$) 686,384 698,385 1,006,070 Add working cap it &1 (5, GQGx. 9631) 4,816 4,816 4,816 (IQ)Ret Hate Base (Land at cost} 703,W 1,010,886 (11) Item 3 increased for land at 809,696 822,157 1,044,616 -Present Value — " (12) To LVL&WCo. (96.31$) 779,818 791,819 1,006,070 Working capital (.9631 x 5,000) 4,816 4,816 4,816 (13)Ret late Base 784,634 796,635 1,010,386 Use 784,600 796,600 1,010,900 Total Item 4 plus Item fHO #i ,195-, 100 1,287,400 1,601,700 Total Item 4 plus Item 13 i ,293,300 1,385,600 1,605,900