Note 5 - Property and Equipment |
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Note 5 - Property and Equipment |
Note 5 - Property and equipment
Property and equipment is comprised of the following at December 31, 2020 and 2019:
Depreciation and amortization expense was $27,656 and $23,113 for the years ended December 31, 2020 and 2019, respectively. Of these amounts, depreciation on WCI vehicles used to service customer accounts is included in cost of goods sold and was $15,009 and $11,333 for the years ended December 31, 2020 and 2019, respectively. All other depreciation is included in selling, general and administrative expenses in the consolidated income statements. |
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- References No definition available.
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- Definition 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
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