5. PROPERTY, EQUIPMENT AND LEASEHOLDS

12 Months Ended

Dec. 31, 2014

Notes to Financial Statements

Note 5. PROPERTY, EQUIPMENT AND LEASEHOLDS

	2014		Accumulated		2014
	Cost		Depreciation		Net
Buildings	$	5,065,433	$	2,653,287	$	2,412,146
Computer hardware		97,124		89,083		8,041
Furniture and fixtures		25,548		21,906		3,642
Office equipment		20,537		18,807		1,730
Manufacturing equipment		5,710,354		3,864,204		1,846,150
Trailer		14,882		13,444		1,438
Technology		117,758		64,767		52,991
Land		438,762		—		438,762
	$	11,490,398	$	6,725,498	$	4,764,900

	2013		Accumulated		2013
	Cost		Depreciation		Net
Buildings	$	5,233,147	$	2,419,217	$	2,813,930
Computer hardware		102,225		90,265		11,960
Furniture and fixtures		27,098		22,310		4,788
Office equipment		22,400		20,042		2,358
Manufacturing equipment		6,014,006		3,555,731		2,458,275
Trailer		16,233		13,992		2,241
Technology		128,442		51,377		77,065
Land		460,506		—		460,506
	$	12,004,057	$	6,172,934	$	5,831,123

Amount of depreciation expense for 2014: $771,385 (2013: $1,279,255)