Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Property and equipment

v3.21.1
Note 5 - Property and equipment
3 Months Ended
Mar. 31, 2021
Notes  
Note 5 - Property and equipment

Note 5 - Property and equipment

 

Property and equipment are comprised of the following:

 

 

 

March 31,

2021

 

December 31,

2020

Computers

$

39,809

$

38,545

Furniture and fixtures

 

23,428

 

23,428

Machinery and vehicles

 

211,782

 

205,187

 

 

275,019

 

267,160

Accumulated depreciation and amortization

 

(139,395)

 

(129,974)

 

 

 

 

 

Net Property and equipment

$

135,624

$

137,186

 

Depreciation and amortization expense was $9,421 and $3,842 for the three months ended March 31, 2021 and 2020, respectively. Depreciation on WCI vehicles used to service customer accounts is included in the cost of goods sold, and all other depreciation is included in selling, general and administrative expenses in the condensed consolidated income statements.