| Summarizes of gain on disposition of land |
Gross proceeds of disposition | | $ | 22,761,793 | | Transaction costs | | | (447,925 | ) | Net proceeds of disposition | | | 22,313,868 | | | | | | | Cost of land | | | (4,335,366 | ) | Cost of land improvements | | | (1,074,453 | ) | Foreign exchange effect | | | (220,557 | ) | Gain on disposition of land | | $ | 16,683,492 | |
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| Property, Plant And Equipment |
| | As at February 28, 2023 | | | | Cost | | | Accumulated depreciation, write-down and impairment | | | Net book value | | Building | | $ | 1,821,653 | | | $ | (309,296 | ) | | $ | 1,512,357 | | Land | | | 225,175 | | | | - | | | | 225,175 | | Building and Land Improvements | | | 1,839,142 | | | | (1,165,795 | ) | | | 673,347 | | Office equipment and furniture | | | 274,331 | | | | (140,007 | ) | | | 134,324 | | | | $ | 4,160,301 | | | $ | (1,615,098 | ) | | $ | 2,545,203 | |
| | As at February 28, 2022 | | | | Cost | | | Accumulated depreciation, write-down and impairment | | | Net book value | | Building | | $ | 1,952,345 | | | $ | (266,434 | ) | | $ | 1,685,911 | | Land | | | 1,644,084 | | | | - | | | | 1,644,084 | | Building and Land Improvements | | | 3,049,892 | | | | (858,342 | ) | | | 2,191,550 | | Office equipment and furniture | | | 298,141 | | | | (126,824 | ) | | | 171,317 | | | | $ | 6,944,462 | | | $ | (1,251,600 | ) | | $ | 5,692,862 | |
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