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V M S VEGAS LAND AND WATER C CM PANT d e p r e c i a t i o n r e s e r v e a n d a n n u a l d e p r e c i a t i o n e x p e n s e (USING PRESENT DAY COST AND REVISED SERVICE m i- -T- LIVES) TABLE 1 T“"<UC><S CU*4 t»r a V'M '«LJV“ ------“ Present Estimated Annual Reserve Day Average Service S.L. Requirement Coat Age LiTa Depreciation 12/31/49 - q g S F ------ ----------- Sparling meter 8* 235 23.00 US 9 207 Vatar pump (portable) 430 11.00 25 17 187 W. I, pipa 3* 1,165 40.00 40 'hi* 1,165 Redwood pipa 4** 2,000 20.00 20 2,000 Welded steal pipe 6* 19,889 7.00 40 497 3,479 0. I. pipa 4* 135,196 11.67 40 5,330 3,836 6* 455,615 6.50 50 9,112 59,228 s* 281,607 6.75 65 4,332 29 241 10* 58,332 4.85 65 897 4,350 12* 111,941 4.19' 80 1,399 5,862 16* 1,524 10.00 80 y 19 190 Office furniture 863 5@ 40 22 819 Chevrolet sedan 1 683 | 12 140 1,260 Oldamobile * 2 675 2 12 223 446 Shop bldg^f rams 1,678 58 40 27 1,024 Equipment & tools 958 38 40 24 910 Chevrolet truck 1 860 2 6 HI 620 Internet*!, truck 1 739 0 6 290 w Total $1,076,788 9.37 Adjustment for defense projects " W “1 2 0 7 ^ - 7 7 3,956 | H ’4;@9£ Adjusted Totals 1X1 $ m v mA S 1950 Depreciation Expense ir On 194U capital § 20,64# V7 On 1950 A*s & B*s(Table H) 893 Total SiTEapE '? Adjustment for defense 7° prelects 5*956 A d t a d TotaIl f l f . Reserve Requirement Vo &>/4‘ | 1 3 6 , 4 ^ 4 4 - Use $17,600