LEASING ARRANGEMENTS (Tables)

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Leases [Abstract]

Schedule of maturities of operating lease liabilties

Schedule maturities of operating lease liabilities outstanding as of December 31, 2020 are as follows:

2021	$	160,800
2022		160,800
2023		160,800
2024		40,200
Total lease payments		522,600
Less: Imputed Interest		(41,175	)
Present value of future minimum lease payments	$	481,425

Schedule maturities of operating lease liabilities outstanding as of December 31, 2019 are as follows:

2020	$	160,800
2021		160,800
2022		160,800
2023		160,800
2024		40,200
Total lease payments		683,400
Less: Imputed Interest		(68,878	)
Present value of future minimum lease payments	$	614,522