INTERNATIONAL BALER CORP - FORM 10-K - XML - IDEA: XBRL DOCUMENT - January 29, 2013

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v2.4.0.6
Property, Plant, and Equipment
 12 Months Ended
Oct. 31, 2012
Property, Plant and Equipment [Abstract]  
Property, Plant, and Equipment

(5) Property, Plant, and Equipment

 

The following is a summary of property, plant, and equipment, at cost, less accumulated depreciation and amortization:

 

   2012  2011
Land  $82,304   $82,304 
Building and Improvements   1,039,822    1,026,903 
Machinery and Equipment   1,694,763    1,596,931 
Vehicles   54,866   54,866 
    2,871,755    2,761,004 
Less accumulated depreciation   1,843,014    1,711,704 
   $1,028,741   $1,049,300 

 

Depreciation expense was $131,310 and $88,947 during the years ended October 31, 2012 and 2011, respectively.

 

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