Note 5 - Property and Equipment
|12 Months Ended|
Dec. 31, 2019
|Note 5 - Property and Equipment||
Note 5 - Property and equipment
Property and equipment is comprised of the following at December 31, 2019 and 2018:
Depreciation and amortization expense was $23,113 and $20,762 for the years ended December 31, 2019 and 2018, respectively. Of these amounts, depreciation on WCI vehicles used to service customer accounts is included in cost of goods sold and was $11,333 and $12,493 for the years ended December 31, 2019 and 2018, respectively. All other depreciation is included in selling, general and administrative expenses in the consolidated income statements.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef