Des smelt J. oe M. & M. S. BROWNING OGDEN, © CO. UTAH November djustment 8, 1943 Board, dnance District ae Lindell Boulevar Overall } sotiation St. No. 160.1/ Browning Company. Price Adjustment section LOD Attention: Kindly refer to our letter enclosing statements and exhibits S. Browning Company and the Bar B to 19he. of of War Business October relating to Company for le, the the J. M. years Board. 193 & M. 1936 In the discussions relating to the method to be employed in segregating income as between that subject to renegotiation and that not subject to renegotiation based upon the April 28, 1942 date, you requested that we obtain from Colt's books amounts representing final payments upon contracts fully completed and paid for prior to April 28, 1942. This in- formation has now been obtained by a firm of Certified Public Accountants located in Hartford, Connecticut. Telephonic advice has been peceryes that the figure is $88,445.25, segregated as follows Recoil 37 Operated Machine Guns-Government 31, 630.00 m/m Cannon 47,700.00 and 5,148.00 Belts Magazines small Arms __3, 967.25 Total 900, ek We have substituted the figures obtained from Colt's for those which were shown upon our previous statements Inasmuch as these are the only changes made in the statemenBhs. with the exception of a re-allocation of pees tena oo based upon a percentage, it is believed that Mr. Darcey will have no difficulty whatever in following them. Attached hereto are the following revised statements: and Royalty and Paymen: the ¥ cps negotiable Income .o Family a) J. M. pompany- Browning Ye ear 19he.