Property, Plant & Equipment

6 Months Ended

Jun. 30, 2020

Property, Plant and Equipment [Abstract]

Property, Plant & Equipment

6. Property, Plant & equipment

	June 30, 2020		Accumulated		June 30, 2020
	Cost		Depreciation		Net
Buildings	$	3,638,204	$	2,660,118	$	978,086
Automobiles		163,397		109,401		53,996
Computer hardware		43,417		41,519		1,898
Furniture and fixtures		110,895		98,871		12,024
Manufacturing equipment		6,155,714		3,236,036		2,919,678
Boat		34,400		22,987		11,413
Office equipment		1,741		803		938
Trailer		8,803		5,687		3,116
Leasehold Improvements		88,872		77,888		10,984
Land		353,053		-		353,053
Technology		100,245		100,245		-
	$	10,698,741	$	6,353,555	$	4,345,186

	December 31, 2019		Accumulated		December 31, 2019
	Cost		Depreciation		Net
Buildings	$	3,614,057	$	2,619,914	$	994,143
Automobiles		163,397		94,789		68,608
Computer hardware		43,540		41,233		2,307
Furniture and fixtures		108,906		97,030		11,876
Office equipment		1,827		733		1,094
Manufacturing equipment		5,634,255		3,106,526		2,527,729
Trailer		9,236		5,389		3,847
Boat		34,400		21,719		12,681
Leasehold improvements		88,872		68,571		20,301
Technology		105,177		105,177		—
Land		363,090		—		363,090
	$	10,166,757	$	6,161,081	$	4,005,676

Amount of depreciation expense for six months ended June 30, 2020: $281,282 (2019: $297,746) and is included in cost of sales in the unaudited interim condensed consolidated statements of income and comprehensive income.