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21 TABLE 0 Sheet 3 JOINT FACILITY RENTS 1949 1950 Present-Day Cost Basis Adjusted Estimated I. Operation and Maintenance Direct Costs 1 $ 1. Pay roll labor 12,892 14,683 2. Material 966 2,291 3. Electric current 5,226 6,738 4. Telephone 61 77 Indirect Costs 5. Vacation allowance 375 440 6. Railroad Retirement and Unemploy-ment Tax (6$ of items 1 and 5) 796 907 7. Purchasing and stores expense on material 51 344 Subtotal f2"0V367 $25,480 II. Supervision - U.P.R.R.Co., California Divn. 8. Various operating departments, Los Angeles and Las Vegas 5,627 5,700 III. Management Expense - U.P.R.R.Co. Departments of General Offices 9. Accounting 312 325 10. Executive 1,125 1,175 11. Manager-Industrial Development 1,500 1,500 12. General Manager of Properties 100 100 Subtotal $"37*037 $ 3,100 IV. Depreciation 19,975 20,038 V. Taxes - Property 1,049 1,049 Federal income - at 38$ 39,080 39,640 at 45$ - 52,916 VI. Interest at 6^$ ($1,019,500 base) 63,719 ( 1,034,000 ” ) 64,625 Subtotals (II, III, IV, V and VI) Wit«t h 3458<j$j Fed«e ral incit ome taitx $132,487 $134,151 — 147,427 Recapitulation Proportionate Cost to Water Utility 1949 Adjusted Federal Income Tax 38% 45% I - 1X00.00$) f 20,367 f II, III, IV, V and VI (97.32$) 128, 936 Total fl49, 303 1950 Estimated r - (x o o y o 'o$) $ 25,480 $ 25, 480 II, III, IV, V and VI (98.00$) 131, 468 144, 478 Total fT5£7*94*3 $1697958