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-3- <br />5. Edison's Schedule R-6.0 resale rates in effect beginning <br />June 1, 1987, shall be revised and refunds shall be <br />provided in <br />accordance with the principles agreed to in Paragraph 6 hereto, <br />in a separate agreement between Edison and those parties to whom <br />the Schedule R-6.0 rates are applicable, which agreement shall be <br />filed with the Commission pursuant to the settlement agreement in <br />FERC Docket No. ER37-483-000. <br />6. For ratemaking purposes, rates established in this docket <br />shall reflect: <br />a. Deferred tax principles incorporated in the workpapers <br />RWP-DMC-06 through RWP-DMC-11.2 included in <br />Attachment B. Specific principles incorporated therein <br />are as follows: <br />i. Test year deferred taxes shall be based on federal <br />income tax rates of 40 percent for 1987 and <br />E <br />34 percent for 1988, and a California corporate <br />franchise tax rate of 9.292 <br />percent for both 1987 <br />and 1988.' <br />ii. Test year deferred taxes shall reflect a combined <br />South Georgia adjustment which incorporates <br />Edison's original South Georgia adjustment and a ' <br />new Reverse South Georgia adjustment designed to l <br />amortize all excess deferred taxes, except ACRS <br />k <br />a_ <br />and MACRS deferred taxes, with an amortization' <br />period of 37.5 years from December 31, 1986. <br />r <br />F <br />r, <br />f, <br />