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PROPERTY, PLANT & EQUIPMENT
 6 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT & EQUIPMENT

6. PROPERTY, PLANT & EQUIPMENT

 

   Cost   Accumulated Depreciation    Net 
   June 30, 2021   Accumulated   June 30, 2021 
   Cost   Depreciation   Net 
Buildings and improvements  $4,808,476   $2,911,382   $1,897,094 
Automobiles   180,956    77,635    103,321 
Computer hardware   43,666    42,249    1,417 
Furniture and fixtures   111,249    103,251    7,998 
Office equipment   1,915    1,089    826 
Manufacturing equipment   6,600,677    3,871,740    2,728,937 
Trailer   9,679    7,280    2,399 
Boat   34,400    25,270    9,130 
Leasehold improvements   88,872    88,205    667 
Technology   110,218    110,218    — 
Land   458,349    —    458,349 
   $12,448,457   $7,238,319   $5,210,138 

 

 

   Cost   Accumulated Depreciation    Net 
   December 31, 2020   Accumulated   December 31, 2020 
   Cost   Depreciation   Net 
Buildings and improvements  $4,798,370   $2,836,142   $1,962,228 
Automobiles   180,956    61,266    119,690 
Computer hardware   43,593    41,957    1,636 
Furniture and fixtures   111,145    101,186    9,959 
Office equipment   1,864    971    893 
Manufacturing equipment   6,154,425    3,573,748    2,580,677 
Trailer   9,422    6,675    2,747 
Boat   34,400    24,255    10,145 
Leasehold improvements   88,872    87,205    1,667 
Technology   107,295    107,295    — 
Land   452,399    —    452,399 
   $11,982,741   $6,840,700   $5,142,041 

 

Amount of depreciation expense for the six months ended June 30, 2021: $383,631 (2020: $193,282) and is included in cost of sales in the unaudited interim condensed consolidated statements of operations and comprehensive income.