FINANCING LEASE OBLIGATION

6 Months Ended

Jun. 30, 2023

Financing Lease Obligation

FINANCING LEASE OBLIGATION

NOTE 6 – FINANCING LEASE OBLIGATION

The Company's future minimum principal and interest payments under a financing lease for machinery and equipment are as follows:

2023 (6 months)	$	32,811
2024		54,901
2025		54,901
2026		49,260
2027		36,109
Total lease payments		227,982
Less: Amount representing interest		(30,990	)
Present value of future minimum lease payments		196,992
Less: current portion		(41,632	)
Financing lease obligations, net of current	$	155,360