Quarterly report pursuant to Section 13 or 15(d)

Note 9 - Finance leases receivable: Schedule of Net finance leases receivable, non-performing (Tables)

v3.20.2
Note 9 - Finance leases receivable: Schedule of Net finance leases receivable, non-performing (Tables)
6 Months Ended
Jun. 30, 2020
Tables/Schedules  
Schedule of Net finance leases receivable, non-performing

 

 

June 30,

 

December 31,

 

 

2020

 

2019

Gross minimum lease payments receivable

$

1,203,404

$

1,455,685

Less: unearned interest

 

(400,005)

 

(400,005)

Less: reserve for bad debt

 

(803,399)

 

(786,680)

Finance leases receivable

 

-

 

269,000

Less current portion

 

-

 

(269,000)

Long term portion

$

-

$

-