Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property, Plant and Equipment [Abstract]

Note 4. Property, Plant and Equipment

Property, plant and equipment balances at December 31 are summarized below:


	2014			2013
Building and improvements	$	6,794,556		$	6,751,393
Machinery and equipment		8,161,291			7,837,140
Furniture and fixtures		639,909			602,599

		15,595,756			15,191,132
Less accumulated depreciation and amortization		(10,408,798	)		(9,886,448	)

Property, plant and equipment, net	$	5,186,958		$	5,304,684

Depreciation and amortization expense was approximately $1,008,000 in 2014, $789,000 in 2013, and $728,000 in 2012.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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