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Property, Plant and Equipment
12 Months Ended
Nov. 02, 2024
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment

NOTE 7 Property, Plant and Equipment

Property, plant and equipment, along with their estimated useful lives and related accumulated depreciation are summarized for the years ended November 2, 2024 and November 4, 2023.

 

 

 

Range of Lives in

 

November 2,

 

November 4,

 

Years

 

2024

 

2023

Land

 

-

 

$4,872,382

 

$4,872,382

Land improvements

 

10-20

 

1,277,025

 

1,253,025

Buildings and improvements

 

15-40

 

2,587,645

 

2,584,852

Machinery and equipment

 

3-10

 

1,089,934

 

1,064,827

Furniture and fixtures

 

3-10

 

301,889

 

301,889

Frame shop

 

-

 

1,753,375

 

1,713,901

 

 

 

11,882,250

 

11,790,876

Less accumulated depreciation

 

 

 

(3,601,555)

 

(3,521,900)

 

 

 

$8,280,695

 

$8,268,976

 

Depreciation expenses during the years ended November 2, 2024 and November 4, 2023 totaled $170,413 and $153,512, respectively.