XML 32 R16.htm IDEA: XBRL DOCUMENT v3.20.1
2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES: Fair Value of Financial Instruments (Policies)
3 Months Ended
Mar. 31, 2020
Policies  
Fair Value of Financial Instruments

Fair Value of Financial Instruments

The carrying amounts reported in the balance sheet for cash and cash equivalents, accounts payable, notes payable, and accrued expenses approximate fair value based on the short-term maturity of those instruments. The carrying value of convertible notes payable – related parties approximate its fair value as of March 31, 2020 and December 31, 2019 as the interest rate on the notes approximate market rates.