Annual report pursuant to Section 13 and 15(d)

Note 5 - Property and Equipment

v3.20.1
Note 5 - Property and Equipment
12 Months Ended
Dec. 31, 2019
Notes  
Note 5 - Property and Equipment

Note 5 - Property and equipment

 

Property and equipment is comprised of the following at December 31, 2019 and 2018:

 

 

 

2019

 

2018

Computers

$

37,271

$

37,271

Furniture and fixtures

 

22,075

 

22,075

Machinery and vehicles

 

93,817

 

136,225

 

 

153,163

 

195,571

Accumulated depreciation and amortization

 

(121,542)

 

(152,602)

 

 

 

 

 

Net Property and equipment

$

31,621

$

42,969

 

Depreciation and amortization expense was $23,113 and $20,762 for the years ended December 31, 2019 and 2018, respectively. Of these amounts, depreciation on WCI vehicles used to service customer accounts is included in cost of goods sold and was $11,333 and $12,493 for the years ended December 31, 2019 and 2018, respectively. All other depreciation is included in selling, general and administrative expenses in the consolidated income statements.