XML 66 R10.htm IDEA: XBRL DOCUMENT v3.21.1
Property, Plant and Equipment, Net
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment, Net

NOTE 4— PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net, consists of the following:

 

   

December 31,

2020

   

December 31

2019

 
Buildings   $ 10,330,767     $ 9,682,590  
Machinery, equipment and furniture     5,830,470       5,464,652  
Subtotal     16,161,237       15,147,242  
Less: accumulated depreciation     (6,670,042 )     (5,279,658 )
Property, plant and equipment, net   $ 9,491,195     $ 9,867,584  

 

Depreciation expense was $979,999 and $979,270 for the years ended December 31, 2020 and 2019, respectively.