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6. MACHINERY AND EQUIPMENT
 12 Months Ended
Oct. 31, 2016
Notes to Financial Statements  
MACHINERY AND EQUIPMENT

Machinery and equipment at October 31, 2016 and 2015 consisted of the following:

 

 

Estimated

Useful Life

  

 

2016

    

 

2015

  
Improvements 15-30 years   $ 202,285     $ 199,035  
Machinery and equipment 7 years     6,004,156       5,274,277  
Furniture and fixtures 7 years     883,250       612,944  
      7,089,691       6,086,256  
Less, accumulated depreciation       4,819,828       4,241,256  
    $ 2,269,863     $ 1,845,000  

 

Depreciation expense totaled $578,572 and $537,890 for the years ended October 31, 2016 and 2015, respectively.