6) Property and Equipment

12 Months Ended

Dec. 31, 2017

Notes

6) Property and Equipment

6)         Property and Equipment

The cost of property and equipment is summarized below:

	December 31
	2017	2016
Land and buildings	$          8,689,302	$          9,155,665
Furniture and equipment	16,952,404	19,548,521
	25,641,706	28,704,186
Less accumulated depreciation	(17,572,326)	(19,912,664)
Total	$          8,069,380	$          8,791,522

Depreciation expense for the years ended December 31, 2017 and 2016 was $2,220,693 and $2,182,724, respectively. During 2017, the Company transferred $643,329 of land from cemetery land and improvements to property and equipment. This transfer is shown as a non cash item on the consolidated statements of cash flows.