Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Property and equipment

v3.20.2
Note 5 - Property and equipment
9 Months Ended
Sep. 30, 2020
Notes  
Note 5 - Property and equipment

Note 5 - Property and equipment

 

Property and equipment are comprised of the following:

 

 

 

September

30, 2020

 

December 31,

2019

Computers

$

38,545

$

37,271

Furniture and fixtures

 

23,429

 

22,075

Machinery and vehicles

 

103,375

 

93,817

 

 

165,349

 

153,163

Accumulated depreciation and amortization

 

(117,188)

 

(121,542)

 

 

 

 

 

Net Property and equipment

$

48,161

$

31,621

 

Depreciation and amortization expense was $5,930 and $5,585 for the three months ended September 30, 2020 and 2019, respectively. Depreciation and amortization expense was $14,869 and $16,756 for the nine months ended September 30, 2020 and 2019, respectively. Depreciation on WCI vehicles used to service customer accounts is included in cost of goods sold and all other depreciation is included in selling, general and administrative expenses in the condensed consolidated income statements.