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10 LAS VEGAS LAND AND WATER COMPANY ANNUAL DEPRECIATION EXPENSE AND DEPRECIATION RESERVE _ 1 9 4 9 and 1955 Using Present-Day"Cost of Plant TABLE I 1949 Present- Day Average- Estimated Service Annual S.L. Reserve Requiremei Item Cost Age Life Depreciation 12/31/49 r ~ “ ~ (Years; (Years; T “ 1 “ Sparling meter 8” 1,343 0 .0 0 25 53 - Water pump (portable) 430 1 1 .0 0 25 17 187 W. I. pipe 3” 1,165 40.00 40 29 1,165 Welded steel pipe 6 ” 19,889 7.00 40 497 3,479 C. I. pipe 2" 575 0 .0 0 40 14 - 4" 131,981 11.67 40 3,299 38,499 6 ” 456,278 6.50 50 9,126 59,319 8 ” 281,106 6.75 65 4,325 29,194 1 0 ” 58,000 4.85 65 892 4,326 1 2 ” 110,057 4.19 80 1,376 5,765 16” 1,524 1 0 .0 0 80 19 190 Office furniture 863 38.00 40 22 819 Chevrolet sedan 1,683 9.00 1 2 140 1,260 Oldsmobile ” 2,675 2 .0 0 10 267 534 Shop bldg., frame 1,078 38.00 40 27 1,024 Equipment & tools 958 38.00 40 24 910 Chevrolet truck 1,860 2 .0 0 6 310 620 International truck 1,739 0 .0 0 6 290 ' «? Total 117073T2T51 T H 517713 f2tf,727 Adjustment for Adjusted Totals defense projects 3,956 fT6",77T Use $16,800 $147",29l 1950 Depreciation Expense On 1949 capital’ ’ On 1950 A ’s & B ’s (Table H) Total Adjustment for defense projects Adjusted Total Reserve Requirement — 147 ,'291'"+ 22704F'= $ 20,727 1,521 f 22,048 3 956 f~Y8~7092 - Use $18,100 $169,339