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upr000163-112
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I agree.18 TABLE N Sheet 2 REQUIRED GROSS OPERATING REVEMJE 1949 Adjusted 1950 Estimated With Federal Income Tax at 38$ $ $ Return at 6-|$ 47,325 53,431 Federal income tax 29,017 32,741 Operating expenses 249,022 269,548 Total - Required Gross Revenue $325,364 $355,520 Gross Revenue - (Present rates) 202,390 2 2 2 ,0 0 0 Required Increase - Amount $122,974 $133,520 Per Cent 60.76 60.14 With Federal Income Tax at 45$ Return at 6 ^$ $ 53,431 Federal income tax 43,706 Operating expenses 282,558 Total - Required Gross Revenue $379,495 Gross Revenue (Present rates) 2 2 2 ,0 0 0 Required Increase Amount $157,495 Per Cent 70.94