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PROPERTY
12 Months Ended
Dec. 31, 2021
PROPERTY  
PROPERTY

NOTE 3 – PROPERTY

 

Property consists of the following at December 31, 2021 and 2020:

 

 

 

2021

 

 

2020

 

 

 

 

 

 

 

 

Leasehold improvements

 

$9,340

 

 

$9,340

 

Office equipment

 

 

31,012

 

 

 

31,012

 

Office furniture and fixtures

 

 

78,802

 

 

 

78,802

 

Sub-total

 

 

119,154

 

 

 

119,154

 

Less: Accumulated depreciation

 

 

(116,425 )

 

 

(113,176 )

Total Property

 

$2,729

 

 

$5,978

 

 

Depreciation and amortization has been provided over each asset’s estimated useful life. Depreciation and amortization expense was $3,249 and $3,249 for the years ended December 31, 2021 and 2020 respectively.