Property, Plant and Equipment |
NOTE 8 - PROPERTY, PLANT AND EQUIPMENT
Property, plant and equipment and the estimated useful lives are as follows:
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Estimated
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December 31
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useful life
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2020
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2019
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Land
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$
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2,852,000
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$
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2,965,000
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Buildings and improvements
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3-40 years
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8,891,000
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8,727,000
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Machinery and equipment
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3-15 years
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6,404,000
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9,347,000
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Furniture and fixtures
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3-10 years
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3,012,000
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3,628,000
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Construction in progress
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27,000
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-
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21,186,000
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24,667,000
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Less accumulated depreciation
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(13,944,000)
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(16,429,000)
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$
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7,242,000
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$
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8,238,000
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