No, I would not report the property on four separate Schedules E.
Supplies are not capitalized, regardless of the cost (unless you make an election to do so). Tangible property with a useful life of more than one year requires capitalization, unless you take the safe harbor election. If you take the safe harbor election, all purchases $2,500 or less are expensed. There is no $200 rule I'm aware of.
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