| Category/ Item | Cost/Other Basis | Accumulated Depreciation | Book Value | End of Year Fair Market Value |
|---|---|---|---|---|
| Land | 0 | 0 | 0 | 0 |
| Buildings | 0 | 0 | 0 | 0 |
| Leasehold improvements | 0 | 0 | 0 | 0 |
| Equipment | 0 | 0 | 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 Liability Insurance | 1,300 | 0 | 1,300 | 1,300 |
| Aircraft Maintenance | 861 | 0 | 861 | 861 |
| Aircraft Fuel | 780 | 0 | 780 | 780 |
| Replace Hangar Door | 37,257 | 0 | 37,257 | 37,257 |
| Sign on Hangar | 598 | 0 | 598 | 598 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| Web Site Fee | 225 | 0 | 225 | 225 |
| Category | Gross Sales | Cost of Goods Sold | Net (Gross Sales Minus Cost of Goods Sold) |
|---|---|---|---|
| T-Shirts hats books | 1,332 | 861 | 471 |