—Income.

INCOME ACCOUNT.

Previous Year

2 S 31 Current Year 2 F 436,935.30 I-1

Balance, Net Revenue $ 932,418.48 I-2

Income from Securities 10,643.40 I-3

Interest on Depreciation Reserves .(B) 10,508.21 I-4

Profit on Industrial Investments 1-5

Rents Receivable I-6

Exchange (Gain) 1-7

Miscellaneous Credits

447,578.70 Total

Balance 447,578.70 Total

(B) Interest on Depreciation Reserves up to 1937.

Non Interest Bearing 35% on $300,234.55 $617,132.32

Total Depreciation Reserves .....$917,366.87

942,926.69 942,926.69 $10,508.21

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