Property, Plant, & Equipment

3 Months Ended

Mar. 31, 2014

Property, Plant, & Equipment [Abstract]

4.	PROPERTY, PLANT, & EQUIPMENT

The Company’s property, plant and equipment consisted of the following at March 31, 2014 and December 31, 2013:

	Estimate Useful Life	March 31, 2014			December 31, 2013

Land		$	278,325		$	278,325
Building and improvements	30 years		4,632,565			4,632,565
Manufacturing and warehouse equipment	6-20 years		8,160,173			8,160,173
Office equipment and furniture	3-5 years		834,505			830,950
Construction in process			160,103			19,604
Leasehold improvements	10-15 years		419,315			419,315
Automobile	3 years		32,263			32,263
Property, plant and equipment, gross			14,517,249			14,373,195

Less accumulated depreciation			(9,400,975	)		(9,256,754	)

Property, plant and equipment, net		$	5,116,274		$	5,116,441

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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