NOTE 7 - PROPERTY AND EQUIPMENT

3 Months Ended

Jul. 31, 2020

Notes

NOTE 7 - PROPERTY AND EQUIPMENT

NOTE 7 - PROPERTY AND EQUIPMENT

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

(Estimated Life)	July 31, 2020 (unaudited)	April 30, 2020
Office equipment (3-15 Years)	$398,210	$394,019
Auto and trucks (2-10 Years)	592,602	586,364
Manufacturing equipment (2-15 Years)	6,772,918	6,559,726
Buildings (5-30 Years)	9,349,881	9,248,227
Construction in process	7,917	7,834
Gross Property and Equipment	17,121,528	16,796,170
Less: accumulated depreciation	(8,286,984)	(7,894,622)
Property and equipment, net	$8,834,544	$8,901,548

For the three months ended July 31, 2020 and 2019, depreciation expense totaled $304,440 and $270,988, of which $282,725 and $232,587 were included in cost of revenues, respectively, and of which $21,716 and $38,401 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.