PART II
ITEM 8: CONSOLIDATED FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
NOTE 3. PROPERTY AND EQUIPMENT
Property and equipment is summarized as follows:
 |
|
|
2001
|
2000
| |
|
Land
|
$
|
2,185,500
|
$
|
2,185,500
|
|
Building and improvements
|
|
10,935,900
|
|
9,316,400
|
|
Information technology equipment and software
|
|
13,639,800
|
|
7,980,500
|
|
Equipment, furniture and tooling
|
|
6,881,300
|
|
6,360,200
| |
|
|
|
33,642,500
|
|
25,842,600
|
|
Less - accumulated depreciation and amortization
|
|
(12,002,100) |
|
(8,681,700) | |
|
Property and equipment net
|
$
|
21,640,400
|
$
|
17,160,900
| |
|
