Current report filing

PROPERTY AND EQUIPMENT

v3.8.0.1
PROPERTY AND EQUIPMENT
 3 Months Ended
Mar. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

At March 31, 2018 and December 31, 2017, property and equipment consisted of the following:

 

Useful Life   2018     2017  
               
Machinery and equipment 5 - 7 years   $ 52,538     $ 52,538  
Furniture and office equipment 3 - 7 years     45,063       45,063  
Vehicles 5 years     68,341       68,341  
Leasehold improvements 3 years     16,701       16,701  
        182,643       182,643  
Less: accumulated depreciation       (100,386 )     (91,520 )
Property and equipment, net     $ 82,257     $ 91,123  

 

For the three months ended March 31, 2018 and 2017, depreciation and amortization expense is included in general and administrative expenses and amounted to $8,866 and $9,458, respectively.