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Omaha - .SUBJECT* L*V.L.& W.Co. - Water Rates N Mr* Win* Reinhardt - Los Angeles, Calif.s (CC - Mr. W. E. Hulsizer) This is in further reference to your letter of March 3, 1950, file 1-7334- to Mr. Hulsizer and his letter of March 30, 19 50, file 3 7 0 3 -1 to me, with copy to you, with specific refer­ence to the first and last paragraphs of Item G-l ‘•Accrued Depreciation•” The amounts shown in balance sheet Account 251 "Re-tirement Reserve1* in the annual reports to the Public Service Commission of Nevada for depreciation for the years 194-8 and 1949 were developed from Form 141 “General Balance Sheet” of the L.Y.L.& W*Co*, as of December 3 1 , for each of those years as shown below: Account No. 59 99 135 175 Depreciation and Amortization Title of Account Year 1948 Acerued IMpreciatidn-Miscellaneous Equipment Accrued Depreciation-Pipe Lines, Las Vegas, Nevada 62 739*17 Accrued Depreciation-Tools and Equipment 130*5© Accrued Amortization of Defense Projects 160 482.97 Total $223 94^.78 Year 1949 593.14 $ 1 255.38 68 944*12 130.50 160 482.97 $230 812.97 All of the amounts reported on Forms 141 agree with the amounts reported to the P.S.C.N* except for the amounts reported in Account 89 and reconciliation of the differences, follows: As reported in Forms 141 As reported to the P.S.C.N. Differences Depreciation 1948 T85715 593.14 995.01 2 S&9.99 1 255.^8 1 634.6 1 The amounts reported to the P.S.C.N. represent the following: Description Chevrolet truck (19 47) International ” (1949) Total Ledger Value 1 77^.43 1 739*00 3 518.43 Depreciation 1948 5 ^ 1 4 1 CJ38T00 - 217.88 593.14 ? $ 1 2?5.38 and the ledger value thereof, together with the 1949 depreciation accruals are shown as item 5(c) on sheet 1 of my letter to you of April 14, 1950.