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Note 4 - Property and Equipment
 12 Months Ended
Dec. 31, 2020
Notes to Financial Statements  
Property, Plant and Equipment Disclosure [Text Block]
Note
4:
 
 
 
Property and Equipment
 
Property and equipment consisted of the following:
 
   
December 31,
  
   
2020
    
2019
  
                 
Land
   $
7,018,547
     $
7,023,053
  
Timber
    
2,196,942
      
2,188,594
  
Building and equipment
    
108,602
      
108,602
  
     
9,324,091
      
9,320,249
  
Accumulated depreciation
    
(80,470
 )    
(78,167
 )
Total
   $
9,243,621
     $
9,242,082
  
 
Depreciation expense was
$2,303
and
$1,750
for the years ended
December 31, 2020
and
2019,
respectively.
 
Depletion expense was
$974
and
$611
for the years ended
December 31, 2020
and
2019,
respectively.