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» uing because the total recorded operating revenues of the Water Company for thefirst seven months of 1951 are $140,213.00 which, expanded into an annual figure, represents v $240,360.00. For the first seven months of 1951 the total recorded operation and maintenance plus general and adminis­tration expenses of the Water Company are $62,875.84 which, expanded into an annual figure, represents $107,787.12. This contrasts with the above estimate of $93,540.00 and the amount used in the Commissions decision of $78,900.00. 2. The additional revenues of $25,112.00 prescribed rates will not provide the Water Company with net revenues of $37,135.18 in the test year 1951 after payment of income taxes as stated in the Commission's opinion, even though we were to assume that the Commission's rate bases and operating expense estimates are correct, due to the fact that the Commission made a mathematical error in computing the income tax deduction. The correct income tax which would be paid at existing 1951 rates on a net revenue before taxes of $48,570.74 would be $17,329.00 instead of $11,436.00 as determined by the Commission, leaving a net return of $31,242.00 instead of $37,135.00 as determined by the Com- * mission (Schedule V p. 1). This would be a return of but 5.1$ on the Commission's rate base for the Water Company of $618,919.72 instead of the 6$ return intended by the Com­mission. In order for the Water Company to earn 6$ on the rate base of $618,919.72 as intended by the Commission at -10