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Property Plant and Equipment

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property Plant and Equipment

NOTE 6 - PROPERTY PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at December 31:

		Estimated Useful Life		2019				2018
Machinery and equipment		5-10 years			8,567,911				7,723,763
Building and improvements		39 years			1,961,544				1,923,027
Land					185,000				185,000
Leasehold improvements		3-10 years			776,674				760,286
Furniture and fixtures		7 years			109,862				94,364
Software and websites		3 years			298,797				187,511
Total Cost					11,899,788				10,873,951
Less accumulated depreciation					6,839,090				5,859,457
Property, plant and equipment, net					5,060,698				5,014,494

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- References

No definition available.

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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

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