4. BASIS OF PRESENTATION AND SIGNIFICANT ACCOUNTING POLICIES: Property, plant, and equipment (Policies) |
12 Months Ended | ||||||||||
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Dec. 31, 2024 | |||||||||||
Policies | |||||||||||
Property, plant, and equipment | Property, plant, and equipment Property, plant and equipment are stated at cost. Repair and maintenance costs that do not improve service potential or extend economic life are expensed as incurred. Depreciation and amortization are recorded principally by the straight-line method over the estimated useful lives of the assets, which are reviewed periodically and generally have the following ranges:
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