PROPERTY AND EQUIPMENT

9 Months Ended

Oct. 01, 2023

PROPERTY AND EQUIPMENT

PROPERTY AND EQUIPMENT

NOTE 3 – PROPERTY AND EQUIPMENT

Property and equipment consisted of the following:

	October 1, 2023			January 1, 2023
Land	$	435,239		$	485,239
Equipment		3,875,840			3,893,274
Buildings and leasehold improvements		2,453,547			2,402,157
Total property and equipment		6,764,626			6,780,670
Accumulated depreciation		(3,267,565	)		3,741,170
Less - property held for sale		(258,751	)		(446,526	)
Net property and equipment	$	3,238,310		$	3,294,644

Depreciation expense for the 39-week periods in 2023 and 2022 was $416,315 and $306,584, respectively.