Property, Plant and Equipment

12 Months Ended

Dec. 31, 2014

Property Plant And Equipment [Abstract]

Note 3: Property, Plant and Equipment

Property, plant and equipment at December 31 were comprised of the following:

	2014			2013
Production equipment	$	5,039,900		$	4,989,900
Office furniture and equipment		778,700			794,000
Other		188,200			188,200
		6,006,800			5,972,100
Less accumulated depreciation		(5,606,000	)		(5,453,900	)
	$	400,800		$	518,200

Depreciation expense for the years ended December 31, 2014 and 2013 was $173,600 and $135,000, respectively. Please see Note 12 for information on the sale of our Property.

- 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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