NOTE 5 - PROPERTY AND EQUIPMENT

9 Months Ended

Jan. 31, 2019

NOTE 5 - PROPERTY AND EQUIPMENT

As of January 31, 2020 and April 30, 2019, property and equipment consisted of the following:

	January 31, 2020 (unaudited)	April 30, 2019
(Estimated Life)
Office equipment (3-5 Years)	$ 400,397	$ 77,738
Auto and trucks(2-10 Years)	595,857	599,154
Manufacturing equipment(2-10 Years)	6,503,889	5,353,752
Buildings(5-30 Years)	9,397,949	8,082,483
Construction in process	4,757	2,001,045
Gross Property and Equipment	16,902,849	16,114,172
Less: accumulated depreciation	(7,714,380)	(7,120,775)
Property and equipment, net	$ 9,188,469	$ 8,993,397

For the three months ended January 31, 2020 and 2019, depreciation expense totaled $333,339 and $290,386, of which $223,228 and $238,102 were included in cost of revenues, respectively, and of which $110,111 and $52,283 were included in general and administrative expenses, respectively. For the nine months ended January 31, 2020 and 2019, depreciation expense totaled $901,684 and $824,360, of which $720,560 and $700,618 was included in cost of revenues, respectively, and of which $181,124 and $123,741 were included in general and administrative expenses, respectively. Depreciation is not taken during the period of construction or equipment installation. Upon completion of the installation of manufacturing equipment or any construction in progress, construction in progress balances will be classified to their respective property and equipment category.