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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Aug. 31, 2023
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT

4.       PROPERTY, PLANT AND EQUIPMENT

A summary of property, plant, and equipment as of August 31, 2023 and 2022 is as follows:

          
   2023   2022 
         
Office equipment  $668,260   $636,501 
Warehouse equipment   1,556,424    1,504,867 
Buildings   6,209,162    6,168,080 
Land   559,065    559,065 
Property plant and equipment gross    8,992,911    8,868,513 
           
Accumulated depreciation   (4,337,484)   (4,040,093)
           
Net book value  $4,655,427   $4,828,420 

In the event that facts and circumstances indicate that the carrying amount of an asset may not be recoverable and an estimate of future discounted cash flows is less than the carrying amount of the asset, an impairment loss will be recognized. Management's estimates of revenues, operating expenses, and operating capital are subject to certain risks and uncertainties which may affect the recoverability of the Company's investments in its assets. Although management has made its best estimate of these factors based on current conditions, it is possible that changes could occur which could adversely affect management's estimate of the net cash flow expected to be generated from its operations.