Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 6 Months Ended
Aug. 31, 2015
PROPERTY AND EQUIPMENT [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 3  PROPERTY AND EQUIPMENT


Property and equipment consists of the following at:


 

 

August 31, 2015

 

February 28, 2015

 

 

 

 

 

 

 

 

 

Land

 

$

54,030

 

$

54,030

 

Building

 

 

171,094

 

 

171,094

 

Furniture, office equipment, and leasehold improvements

 

 

940,337

 

 

887,959

 

Manufacturing equipment and tooling

 

 

965,027

 

 

963,843

 

 

 

 

2,130,488

 

 

2,076,926

 

 

 

 

 

 

 

 

 

Less: accumulated depreciation

 

 

1,024,619

 

 

915,494

 

Property and equipment, net

 

$

1,105,869

 

$

1,161,432