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BUILDING, MACHINERY AND EQUIPMENT
12 Months Ended
Oct. 31, 2023
Property, Plant and Equipment [Abstract]  
BUILDING, MACHINERY AND EQUIPMENT

NOTE 4 – BUILDING, MACHINERY AND EQUIPMENT:

 

Building machinery and equipment at October 31, 2023 and 2022 consisted of the following:

 

   Estimated
Useful Life
  2023   2022 
Improvements  15-30 years  $233,766   $233,766 
Building  31 years   900,321    900,321 
Machinery and equipment  7 years   8,587,858    7,730,098 
Furniture and fixtures  7 years   1,184,387    1,184,387 
Property plant and equipment gross      10,906,332    10,048,572 
              
Less, accumulated depreciation      7,411,882    6,848,782 
Property plant and equipment net     $3,494,450   $3,199,790 

 

Depreciation expense totaled $563,100 and $522,043 for the years ended October 31, 2023 and 2022, respectively.