Note 4 - Property and Equipment, Net

12 Months Ended

Aug. 31, 2016

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4. PROPERTY AND EQUIPMENT, NET

Property and equipment, net consisted of the following:

	August 31, 2016			August 31, 2015
Land	$	310,365		$	310,365
Buildings and improvements		6,528,252			6,180,089
Machinery and equipment		3,590,063			4,090,619
		10,428,680			10,581,073
Less accumulated depreciation		(3,152,808	)		(3,287,910	)
	$	7,275,872		$	7,293,163