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1 0 LAS VEGAS LAND AND WATER COMPANY TABLE I ANNUAL DEPRECIATION EXPENSE AND DEPRECIATION RESERVE 1949 and Using Present'-Day 1950 Host of Plant 1949 Present- Estimated Annual Reserve Item Day Cost Average Age Service Life S.L. Depreciation Requirement 12/31/49 f XYearsT (Years) $ % Sparling meter 8M 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 2U 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 12 140 1,260 Oldsmobile M 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 0.00 6 290 Total $17073,"SO? T 7 I T 51.78 $20,727 Adjustment for defense projects _3_,956 Adjusted Totals $I'6*,77X Use $16,800 1950 Depreciation Expense On 1949 capital*” $ 20,727 On 1950 A's & B»s (Table H) 1,321 Total $"22,048 Adjustment for defense projects 3,956 Adjusted Total $“1*8,002 - Use $18,100 Reserve Requirement 147,291 + 22,048 = $169,339 $1477231 $1477291