Notes
I have reviewed the records on the equipment and we
have about $98,000 tied up in this equipment. We did
a rebuild in 2006 which cost about $37,000 and we
upgraded the control cabinet in June of 2007 which
cost about $14,000.
These costs are included in the $98,000. Now, is that
what I expect to get for the equipment?
No, I understand the market for the equipment and this
is a machine that is used in many facilities and it still has
value but not that much. Lets just see what we can do to
get the best price for the equipment.