5. PROPERTY, PLANT & EQUIPMENT

9 Months Ended

Sep. 30, 2017

Notes to Financial Statements

5. PROPERTY, PLANT & EQUIPMENT

	September 30, 2017		Accumulated		September 30, 2017
	Cost		Depreciation		Net
Buildings	$	3,164,847	$	2,376,064	$	788,783
Computer hardware		40,904		39,236		1,668
Furniture and fixtures		17,673		10,748		6,925
Office equipment		435		32		403
Manufacturing equipment		2,451,018		2,050,644		400,374
Trailer		9,613		1,082		8,531
Boat		34,400		13,347		21,053
Leasehold improvements		85,432		28,235		57,197
Land		371,820		-		371,820
	$	6,176,142	$	4,519,388	$	1,656,754

	December 31, 2016		Accumulated		December 31, 2016
	Cost		Depreciation		Net
Buildings	$	4,762,094	$	2,967,370	$	1,794,724
Computer hardware		89,480		85,784		3,696
Furniture and fixtures		32,439		23,142		9,297
Office equipment		17,745		16,788		957
Manufacturing equipment		5,236,404		4,102,635		1,133,769
Trailer		12,859		12,250		609
Boat		34,400		9,632		24,768
Leasehold improvements		85,432		15,419		70,013
Technology		101,748		101,748		-
Land		356,111		-		356,111
	$	10,728,712	$	7,334,768	$	3,393,944

Amount of depreciation expense for 2017: $177,184 (2016: $393,630).