Fixed Assets |
NOTE 6 – FIXED ASSETS
Fixed assets consist of the
following components:
|
|
July 31, |
|
|
October 31, |
|
|
|
2020 |
|
|
2019 |
|
|
|
|
|
|
|
|
Buildings |
|
$ |
5,150,109 |
|
|
$ |
4,654,029 |
|
Land |
|
|
200,000 |
|
|
|
200,000 |
|
Office machinery and equipment |
|
|
2,031,564 |
|
|
|
1,954,938 |
|
Assets utilized in Customer Rentals |
|
|
1,576,540 |
|
|
|
1,468,124 |
|
Furniture, fixtures and improvements |
|
|
1,187,445 |
|
|
|
1,158,033 |
|
Totals |
|
|
10,145,658 |
|
|
|
9,435,124 |
|
Less: accumulated depreciation |
|
|
(3,987,102 |
) |
|
|
(3,448,312 |
) |
|
|
|
|
|
|
|
|
|
Property and Equipment, Net |
|
$ |
6,158,556 |
|
|
$ |
5,986,812 |
|
|