SCHEDULE OF PROPERTY AND EQUIPMENT |
As
of January 31, 2023 and January 31, 2022, hotel properties consisted of the following:
SCHEDULE
OF PROPERTY AND EQUIPMENT
| |
| | | |
| | |
| |
January 31, 2023 | | |
January 31, 2022 | |
Land | |
$ | 2,500,000 | | |
$ | 2,500,000 | |
Building and improvements | |
| 10,762,859 | | |
| 10,577,297 | |
Furniture, fixtures and equipment | |
| 4,261,400 | | |
| 4,114,400 | |
Total hotel properties | |
| 17,524,259 | | |
| 17,191,697 | |
Total property, plant and equipment | |
| 17,524,259 | | |
| 17,191,697 | |
| |
| | | |
| | |
Less accumulated depreciation | |
| (10,358,060 | ) | |
| (9,664,472 | ) |
Hotel properties, net | |
| 7,166,199 | | |
| 7,527,225 | |
Property, Plant and equipment, net | |
| 7,166,199 | | |
| 7,527,225 | |
As
of January 31, 2023 and January 31, 2022, property and equipment consisted of the following:
| |
January 31, 2023 | | |
January 31, 2022 | |
Land | |
$ | 7,005 | | |
$ | 7,005 | |
Building and improvements | |
| 75,662 | | |
| 75,662 | |
Furniture, fixtures and equipment | |
| 392,878 | | |
| 392,879 | |
Total property, plant and equipment | |
| 475,545 | | |
| 475,546 | |
Less accumulated depreciation | |
| (432,256 | ) | |
| (423,458 | ) |
Property, Plant and Equipment, net | |
$ | 43,289 | | |
$ | 52,088 | |
|