• Filing Date: 2021-03-31
  • Form Type: 10-K
  • Description: Annual report
v3.21.1
Property Plant and Equipment
12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property Plant and Equipment

NOTE 8 - PROPERTY PLANT AND EQUIPMENT

 

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

 

    Estimated            
    Useful Life   2020     2019  
Machinery and equipment   5-10 years   $ 6,944,000     $ 6,507,000  
Building and improvements   39 years     1,976,000       1,962,000  
Land         185,000       185,000  
Furniture and fixtures   7 years     130,000       102,000  
Software and websites   3 years     298,000       251,000  
Total Cost         9,533,000       9,007,000  
Less accumulated depreciation         5,387,000       4,679,000  
Property, plant and equipment, net       $ 4,146,000     $ 4,328,000