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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 29, 2019
PROPERTY AND EQUIPMENT  
NOTE 2 - PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at end of the respective fiscal years:

 

 

 

 

29/12/2019

 

 

30/12/2018

 

Land

 

$ 555,885

 

 

$ 584,535

 

Equipment

 

 

2,390,545

 

 

 

2,417,185

 

Buildings

 

 

1,363,642

 

 

 

1,401,840

 

Vehicles

 

 

-

 

 

 

4,000

 

 

 

 

 

 

 

 

 

 

Total property and equipment

 

 

4,310,072

 

 

 

4,407,560

 

Accumulated depreciation

 

 

(2,210,816 )

 

 

(2,001,929 )

Less -  property held for sale

 

 

(449,244 )

 

 

(353,092 )

Net property and equipment

 

$ 1,650,012

 

 

$ 2,052,539

 

 

Depreciation expense for the years 2019 and 2018 was $211,087 and $225,814, respectively.