Identification of Investment Credit Property

10.1. Every taxpayer who claims credit under W. Va. Code §11-13GG-1, et seq., shall maintain sufficient records to establish the following facts for each item of qualified property:

10.1.1. Its identity;

10.1.2. Its actual or reasonably determined cost;

10.1.3. Its straight-line depreciation life;

10.1.4. The month and taxable year in which it was placed in service;

10.1.5. The amount of credit taken; and

10.1.6. The date it was disposed of or otherwise ceased to be used as qualified property in the downstream natural gas manufacturing facility of the taxpayer.