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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 27, 2020
PROPERTY AND EQUIPMENT  
NOTE 2 - PROPERTY AND EQUIPMENT

Property and equipment consisted of the following at:

 

 

 

27/09/2020

 

 

29/12/2019

 

Land

 

$ 525,240

 

 

$ 555,885

 

Equipment

 

 

2,422,521

 

 

 

2,390,545

 

Buildings

 

 

1,349,247

 

 

 

1,363,642

 

 

 

 

 

 

 

 

 

 

Total Property and  Equipment

 

 

4,297,008

 

 

 

4,310,072

 

Accumulated depreciation

 

 

(2,350,129 )

 

 

(2,210,816 )

Less -  Property held for sale

 

 

(349,244 )

 

 

(449,244 )

Net Property and Equipment

 

$ 1,597,635

 

 

$ 1,650,012

 

  

Depreciation expense for the 39-week periods in 2020 and 2019 was $139,313 and $167,242, respectively.