That is for the five-year period. This is computed on a basis of five years at $1,100.
For the second five-year period, average annual gross revenue is estimated at $2,828,200 and operating expenses at $2,155,000, resulting in average annual net operating revenue of $673,200. After deduction of $350,000 for interest the net annual revenue for the second five-year period of operation is estimated at $323,200.
Owing to the difficult terrain over which the line must be constructed, the cost of construction will be heavy, but the building of the line is so plainly in the national interest that this bill should commend itself to aV members of this house.