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NOTE 4 - PROPERTY, PLANT AND EQUIPMENT
6 Months Ended
Jun. 30, 2022
Notes  
NOTE 4 - PROPERTY, PLANT AND EQUIPMENT

NOTE 4 – PROPERTY, PLANT AND EQUIPMENT

 

Property, plant and equipment as of June 30, 2022 and December 31, 2021 is summarized as follows:

 

Schedule of Property and Equipment

 

 

 

 

 

 

 

 

 

June 30, 2022

 

 

December 31, 2021

 

 

 

 

(unaudited)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office furniture and fixtures

 

$

59,511

 

 

$

55,369

 

Office equipment

 

 

167,201

 

 

 

137,118

 

Less:  accumulated depreciation

 

 

(136,737

)

 

 

(115,481

)

 

 

 

 

 

 

 

 

 

Property, plant and equipment, net 

 

$

89,975

 

 

$

77,006

 

 

Depreciation expense for the three months and six months ended June 30, 2022 were $11,808 and 23,659 respectively; and for the three months and six months ended June 30, 2021 were $245 and $490, respectively.