Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Property and equipment

v3.20.2
Note 5 - Property and equipment
6 Months Ended
Jun. 30, 2020
Notes  
Note 5 - Property and equipment Note 5 - Property and equipment

 

Property and equipment are comprised of the following:

 

 

 

June 30,

2020

 

December 31,

2019

Computers

$

37,122

$

37,271

Furniture and fixtures

 

22,075

 

22,075

Machinery and vehicles

 

110,559

 

93,817

 

 

169,756

 

153,163

Accumulated depreciation and amortization

 

(125,580)

 

(121,542)

 

 

 

 

 

Net Property and equipment

$

44,176

$

31,621

 

Depreciation and amortization expense was $5,097 and $218 for the three months ended June 30, 2020 and 2019, respectively. Depreciation and amortization expense was $8,938 and $11,170 for the six months ended June 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.