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upr000064-048
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I agree.Table B With reference to production facilities discuss: 1. Reserve requirement. 2. Average Net Capital. 3. Working Cash and Material and Supply Allowances. 4. Allocation of Rate Base. With respeot to water utility discuss: Discuss differences between rate base computed in these tables and that computed in Table 1. Table H Straight line method. Discuss lives. 15.573 deduction from rate base. 12,600 charged to Operating Expense. Tabic I Discuss difference between this table and Table H. Table J and K Dlsouss differences between these two tables. Table L Discuss difference between 1949 figures and those reported in Annual Report. Dlaeuss 1950 estimate and compare with 1950 actual results. 1. Water right values. 2. Exclusion of Defense Projects from Retirement Reserve. 3. Estimate Retirement Reserve for Defense projects. 4. 70% deduction of Refundable construction advances from Rate Base. 5. Working Cash and Material and Supply Allowances. Diseuse liberal refund provided under present Rule 9A. Justify 35% refund under proposed Rule 9* Tables f and 0 -3