Note 3 - Property and Equipment

12 Months Ended

Dec. 31, 2023

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

Note 3:      Property and Equipment

Property and equipment consisted of the following:

	December 31,
	2023			2022
Land	$	6,815,711		$	6,815,711
Timber		2,250,616			2,230,564
Equipment		120,873			120,873
		9,187,200			9,167,148
Accumulated depreciation		(91,797	)		(87,536	)
Total	$	9,095,403		$	9,079,612

Depreciation expense was $4,261 and $5,039 for the years ended December 31, 2023 and 2022, respectively. Depletion expense was $685 and $883 for the years ended December 31, 2023 and 2022, respectively.