LEASING ARRANGEMENTS (Tables)

9 Months Ended

Sep. 30, 2020

LEASING ARRANGEMENTS

Schedule of maturities of operating lease liabilties

Schedule maturities of operating lease liabilities outstanding as of September 30, 2020 are as follows:

2021	$	160,800
2022		160,800
2023		160,800
2024		93,800
Total lease payments		576,200
Less: Imputed Interest		(60,876)
Present value of future minimum lease payments	$	515,324