Registration of securities issued in business combination transactions

PROPERTY, PLANT AND EQUIPMENT

v3.21.2
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 and the estimated useful lives are as follows:

 

    Estimated   December 31  
    useful life   2020     2019  
Land       $ 2,852,000     $ 2,965,000  
Buildings and improvements   3-40 years     8,891,000       8,727,000  
Machinery and equipment   3-15 years     6,404,000       9,347,000  
Furniture and fixtures   3-10 years     3,012,000       3,628,000  
Construction in progress         27,000       —  
          21,186,000       24,667,000  
Less accumulated depreciation         (13,944,000 )     (16,429,000 )
        $ 7,242,000     $ 8,238,000