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Note 5 - Plant, Property and Equipment, Net
12 Months Ended
Dec. 31, 2012
Property, Plant and Equipment Disclosure [Text Block]
Note 5 - Plant, Property and Equipment, Net

As of December 31, 2012 and 2011, plant, property and equipment consisted of the following:

   
2012
   
2011
 
             
Building and workshops
 
$
7,426,146
   
$
7,604,331
 
Office equipment
   
581,227
     
465,596
 
Autos
   
309,195
     
345,492
 
Machinery
   
3,100,756
     
2,643,008
 
Museum decoration and renovation
   
548,497
     
422,280
 
Less: accumulated depreciation
   
(3,414,707
)
   
(2,759,521
)
                 
   
$
8,551,114
   
$
8,721,186
 

Depreciation expense was $709,812 and $641,867 for the years ended December 31, 2012 and 2011, respectively.

During the years ended December 31, 2012, the Company had disposal loss of $123,675 on retirement of unused and obsolete workshop.