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Life insurance coverage is through the Parent Company <br />(Metropolitan Life). Plan costs are allocated monthly 'to <br />the subsidiaries. <br />7. Income taxes for federal and state are calculated by tl~e <br />Parent Company an3 allocated to the subsidiaries. <br />Provisions for payment of taxes are made by the Parent <br />Companyt amounts to be paid by subsidiaries are allocated tc <br />the subsidiaries and are paid quarterly by the subsidiaries. <br />8. Transactions with other subsidiaries: PRS conducts some <br />business with C&w Railway Co. which provides occasional. <br />ewitchinq service and locomotive rental. <br />C6U LAND C8. f"C&V"1: <br />C&U remains nctive to accept the excess sales proceeds on <br />properties from Evergreen Land and Resource Company. No <br />transactions with the Parent Company or affiliated companies are <br />occurring. <br />6 <br />