FINANCING LEASE OBLIGATION

9 Months Ended

Sep. 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 (3 months)	$	18,389
2024		54,901
2025		54,901
2026		49,260
2027		36,109
Total lease payments		213,560
Less: Amount representing interest		(27,540	)
Present value of future minimum lease payments		186,020
Less: current portion		(42,445	)
Financing lease obligations, net of current	$	143,575