Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.19.1
Property and Equipment
 12 Months Ended
Dec. 31, 2018
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

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

 

    Useful Life   2018     2017  
                 
Machinery and equipment   5 - 7 years   $ 52,184     $ 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  
          182,289       182,643  
Less: accumulated depreciation         (124,884 )     (91,520 )
Property and equipment, net       $ 57,405     $ 91,123  

 

For the years ended December 31, 2018 and 2017, depreciation and amortization expense is included in general and administrative expenses and amounted to $33,718 and $38,295, respectively.