v3.25.2
PROPERTY AND EQUIPMENT
 12 Months Ended
Dec. 31, 2024
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

 

As of December 31, 2024, and December 31, 2023, the Company had the following property and equipment:

 

               
   December 31,   December 31,   December 31, 
   2024   2023   2022 
Autos and trucks  $9,179   $66,845   $66,845 
Building and improvements   668,289    656,389    656,389 
Farm equipment   348,949    440,281    425,149 
Other equipment   85,332    646,066    646,066 
    1,111,750    1,809,581    1,794,449 
Less: accumulated depreciation   (547,287)   (527,827)   (457,920)
    564,463    1,281,754    1,336,529 
Land   126,243    6,126,243    6,126,243 
                
Net property and equipment  $690,705   $7,407,997   $7,462,772 

 

Depreciation expense for the year ended December 31, 2024 and 2023, totaled approximately $52,291 and $55,585. The amount of depreciation expense in cost of goods sold or inventory totaled $0 and $52,626 for the years ended December 31, 2024 and 2023.