Machinery and Equipment

12 Months Ended

Oct. 31, 2020

Property, Plant and Equipment [Abstract]

Machinery and Equipment

NOTE 6 - MACHINERY AND EQUIPMENT:

Machinery and equipment at October 31, 2020 and 2019 consisted of the following:

	Estimated Useful Life	2020		2019
Improvements	15-30 years	$	233,766	$	228,201
Machinery and equipment	7 years		8,492,395		8,035,223
Furniture and fixtures	7 years		1,082,022		1,082,022
			9,808,183		9,345,446
Less, accumulated depreciation			7,610,864		6,931,913
		$	2,197,319	$	2,413,533

Depreciation expense totaled $678,951 and $680,085 for the years ended October 31, 2020 and 2019, respectively.