n an article by Michaela Boland that appeared in The Australian on $19$ March $2015$ entitled 'Careful collector leaves nation an $$8$m legacy' it was stated that:$"$He$$was$$a$$career$$public$$servant$,$a$$volunteer$$at$$the$$National$$Gallery$$of$$Australia$$in$$Canberra$$and$$by$$the$$time$$Alan$$Boxer$$died$$last$$June$$aged$86,$he$\text{'}$d$$amassed$$an$$art$$collection$$of$900$works$$valued$$at$$more$$than$$$$10$million$.$Yesterday$$the$$first$$two$$tranches$$of$$that$$collection$$went$$to$$new$$homes$.$A$$group$$of$19$artworks$$valued$$at$$$$8$m$$was$$gifted$$to$$the$$NGA$,$one$$of$$the$$most$$significant$$acts$$of$$generosity$$in$$the$$gallery$\text{'}$s$$history$.$The$$most$$important$$artwork$$in$$the$$gift$$is$$Rabbit$$tea$$party$,$the$$first$$painting$$from$$Charles$$Blackman$\text{'}$s$$famous$$Alice$$series$$to$$join$$the$$national$$collection$...$Boxer$$was$$a$$bachelor$$who$$had$$once$$been$$engaged$$but$$never$$married$.$He$$had$$no$$children$$and$$slept$$in$$a$$single$$bed$.$He$$read$$widely$,$listened$$to$$classical$$music$$and$$filled$$his$$house$$with$$artworks$.\text{'}$He$$was$$obsessive$$about$$the$$work$$and$$deeply$$in$$love$$with$$his$$collection$,\text{'}$Mr$$Pithie$[$co$$executor$$of$$Boxer$\text{'}$s$$will$]$said$.\text{'}$It$\text{'}$s$$an$$extremely$$generous$$gift$$from$$a$$humble$$man$$to$$a$$great$$institution$."$ Required:$$Determine whether the gallery should treat the donation as income. Further, if the donation is treated as income, how would that income be measured $?$