A not for profit agricultural society received a gift on 1/1/14 of a tractor. The society plans to use it to cut grass in its 3000 acre demonstration agricultural farm. The gift had been purchased by the donor for $50,000 but had a fair value of $60,000 at the time of donation. The tractor is expected to last 10 more years. How should the donation be recorded by the society (which would be classified an