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Machinery and Equipment | 12 Months Ended
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Oct. 31, 2018
Property, Plant and Equipment [Abstract] |
Machinery and Equipment | NOTE 7 - MACHINERY AND EQUIPMENT: Machinery and equipment at October 31, 2018 and 2017 consisted of the following:
|  | Estimated Useful Life |  | 2018 |  |  | 2017 |
Improvements |  | 15-30 years |  | $ | 210,085 |  |  | $ | 202,285 |
Machinery and equipment |  | 7 years |  |  | 7,363,497 |  |  |  | 6,809,944 |
Furniture and fixtures |  | 7 years |  |  | 1,028,454 |  |  |  | 985,008 |
|  |  |  |  | 8,602,036 |  |  |  | 7,997,237 |
Less, accumulated depreciation |  |  |  |  | 6,251,828 |  |  |  | 5,557,899 |
|  |  |  | $ | 2,350,208 |  |  | $ | 2,439,338 |
Depreciation expense totaled $693,929 and $740,043 for the years ended October 31, 2018 and 2017, respectively.

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- 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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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