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PROPERTY, PLANT AND EQUIPMENT
12 Months Ended
Dec. 31, 2022
PROPERTY, PLANT AND EQUIPMENT  
PROPERTY, PLANT AND EQUIPMENT

NOTE C – PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment, is comprised of the following:

 

 

 

December 31,

2022

 

 

December 31,

2021

 

 

 

 

 

 

 

 

Land

 

$102,000

 

 

$102,000

 

Buildings and improvements

 

 

1,352,000

 

 

 

1,352,000

 

Manufacturing and warehouse equipment

 

 

2,110,000

 

 

 

2,110,000

 

Office equipment (incl. furniture and fixtures)

 

 

412,000

 

 

 

412,000

 

 

 

 

3,976,000

 

 

 

3,976,000

 

Less accumulated depreciation

 

 

(3,510,000)

 

 

(3,459,000)

 

 

$466,000

 

 

$517,000

 

 

Depreciation expense was $51,000 in Fiscal 2021 and $60,000 in Fiscal 2021.