The cost of materials used in restoring 038 is rapidly (has!) exceeding the market value of the 1-26A model. This is normal for any low-value restoration effort. I have scrubbed (as much as possible) all tooling costs, for instance the cost of the welding torch, rivet puller etc. as these are considered capital expenditures in my accounting method. However, I have included most of the cost of consumables such as sandpaper, solvents, paintbrushes, paint, etc.

Updated July 29, 2005

I have not kept track of the manhours, I suppose I could estimate it pretty closely, but that would serve only to depress me. There are no costs remaining except the diesle to tow it to Ephrata and the cost of an aerotow!

 

Total expenditure (recorded anyway) to date: $11,829.37

N3878A
Date Description Amount
11/26/2002 Title search $ (139.00)
12/3/2002 AIG insurance salvage $ (1,250.00)
12/13/2002 tie-downs $ (35.00)
12/17/2002 FAA registration $ (5.00)
1/10/2003 Drawings $ (180.75)
3/24/2003 WINGS AND WHEELS $ (117.00)
4/2/2003 AIRCRAFT SPRUCE SPEC $ (468.97)
4/3/2003 AIRCRAFT SPRUCE SPEC $ (237.70)
4/3/2003 AIRCRAFT SPRUCE SPEC $ (55.35)
4/4/2003 AIRCRAFT SPRUCE SPEC $ (165.87)
4/7/2003 WINGS AND WHEELS $ (68.50)
4/16/2003 TECH AIR OF CONNECTICUT I $ (70.26)
4/21/2003 AIRCRAFT SPRUCE SPEC $ (65.56)
4/30/2003 AIRCRAFT SPRUCE SPEC $ (186.11)
4/30/2003 AIRCRAFT SPRUCE SPEC $ (105.20)
5/6/2003 DESSER TIRE & RUBBER CO., $ (54.90)
5/6/2003 AIRCRAFT SPRUCE SPEC $ (94.73)
5/13/2003 WINGS AND WHEELS $ (941.80)
5/13/2003 WINGS AND WHEELS $ (326.00)
5/15/2003 ONLINE METALS.COM $ (65.46)
5/17/2003 TECH AIR OF CONNECTICUT I $ (71.60)
5/17/2003 TECH AIR OF CONNECTICUT I $ (69.76)
5/23/2003 AIRCRAFT SPRUCE SPEC $ (195.26)
6/2/2003 AIRCRAFT SPRUCE SPEC $ (95.60)
6/9/2003 AIRCRAFT SPRUCE SPEC $ (156.52)
6/11/2003 ONLINE METALS.COM $ (227.99)
6/25/2003 AIRCRAFT SPRUCE SPEC $ (66.20)
6/27/2003 Trailer $ (900.00)
7/16/2003 Release Hook $ (75.00)
12/27/2003 Hardware $ (14.11)
12/29/2003 Shipping $ (17.41)
1/27/2004 Hardware $ (30.00)
2/14/2004 SPENCER AIRCRAFT $ (517.46)
2/16/2004 Fiberglass $ (53.35)
3/4/2004 Spencer Aircraft $ (111.43)
4/15/2004 WINGS AND WHEELS $ (137.00)
6/11/2004 SPENCER AIRCRAFT $ (95.23)
9/27/2004 Spencer Aircraft $ (225.24)
11/4/2004 Wicks $ (26.51)
11/13/2004 Wicks $ (174.63)
11/15/2004 Spencer Aircraft $ (295.83)
11/18/2004 Wicks $ (49.41)
12/3/2004 Altimeter $ (100.00)
12/27/2004 Consumables $ (229.12)
12/27/2004 Wicks $ (44.00)
1/5/2005 Spencer Aircraft $ (149.06)
1/14/2005 Spencer Aircraft $ (58.00)
1/22/2005 Spencer Aircraft $ (367.68)
2/5/2005 Consumables $ (36.39)
2/7/2005 Trailer $ (34.84)
2/14/2005 Spencer Aircraft $ (33.62)
3/1/2005 Wicks $ (387.18)
3/7/2005 Spencer Aircraft $ (85.63)
3/11/2005 Spencer Aircraft $ (434.06)
3/18/2005 Wicks $ (44.85)
3/26/2005 Spencer Aircraft $ (542.81)
4/16/2005 Spencer Aircraft $ (194.59)
4/27/2005 Spencer Aircraft $ (54.19)
5/9/2005 Spencer Aircraft $ (97.64)
5/14/2005 Trailer $ (95.03)
5/23/2005 Airspeed $ (160.00)
6/13/2005 Spencer Aircraft $ (212.52)
6/15/2005 Spencer Aircraft $ 51.14
6/18/2005 Trailer $ (100.22)
6/19/2005 Consumables $ (72.55)
7/8/2005 Consumables $ (75.00)
7/9/2005 Consumables $ (20.94)
7/25/2005 Spencer Aircraft $ (11.89)
     
  TOTAL N3878A $(11,829.37)