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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2019
PROPERTY AND EQUIPMENT, NET  
PROPERTY AND EQUIPMENT, NET

NOTE 8.  PROPERTY AND EQUIPMENT, NET

Property and equipment consisted of the following:

 

 

 

 

 

 

 

 

 

 

December 31, 

 

    

2019

    

2018

Land

 

$

800,000

 

$

800,000

Buildings

 

 

508,104

 

 

508,104

Furniture, fixtures and equipment

 

 

331,467

 

 

274,380

Software

 

 

120,111

 

 

 —

 

 

 

1,759,682

 

 

1,582,484

Less:  Accumulated depreciation

 

 

(252,355)

 

 

(143,417)

 

 

$

1,507,327

 

$

1,439,067

 

Depreciation expense was $115,696 and $62,443, respectively, for the years ended December 31, 2019 and 2018.