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Note 5 - Property and Equipment, Net

12 Months Ended

Aug. 31, 2015

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

5. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:

		August 31, 2015				August 31, 2014
Land		$	310,365			$	310,365
Buildings and improvements			6,180,089				5,695,268
Machinery and equipment			4,090,619				3,713,145
			10,581,073				9,718,778
Less accumulated depreciation			(3,287,910	)			(3,240,791	)
		$	7,293,163			$	6,477,987

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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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