| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 0 | 0 | ||
| Buildings | 0 | 0 | ||
| Leasehold improvements | 0 | 0 | ||
| Equipment | 5,148 | 5,148 | 0 | 0 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| Historic aircraft | 492,021 | 492,021 | 492,021 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Aircraft maintenance and operation | 5,779 | 0 | 0 | 5,779 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| T-shirts, hats, books | 435 | 305 | 130 |