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<br />LA PORTE AREA WATER AUTHORITY <br /> <br />SCHEDULE OF CHANGES IN CAPITAL ASSETS <br /> <br />YEAR ENDED SEPTEMBER 30, 2007 <br /> <br /> Retirements <br /> Beginning and Ending <br /> Balance Additions Adjustments Balance <br />Water, sewer and drainage facilities: <br />Capital assets, being depreciated <br />Water production and distribution system $ 14,725,570 $ $ $ 14,725,570 <br />Less accumulated depreciation for: <br />Water production and distribution system ( 5,420,933) ( 441,913) ( 5,862,846) <br />Total capital assets, being depreciated, net $ 9,304,637 $( 441,913) $ $ 8,862,724 <br />Investment in capital assets from: <br />Contributions by participants $ 9,304,637 $( 441,913) $ $ 8,862,724 <br /> <br />T <br /> <br />l\JU" 1\ T r.' \1.' E" u <br />1 ~ .L r'i. = .J <br /> <br />&: <br /> <br />PRELIMINARY <br />