Property and equipment |
7.
Property and equipment
Property and equipment
consists of the following:
Schedule of sale of property
|
|
December 31,
2022 |
|
December 31, 2021 |
|
|
Cost |
|
Accumulated depreciation |
|
Net book value |
|
Net book value |
Land |
|
$ |
158,742 |
|
|
$ |
— |
|
|
$ |
158,742 |
|
|
$ |
169,585 |
|
Property |
|
|
3,002,913 |
|
|
|
(692,465 |
) |
|
|
2,310,448 |
|
|
|
2,596,590 |
|
Leasehold improvements |
|
|
416,727 |
|
|
|
(43,407 |
) |
|
|
373,320 |
|
|
|
153,730 |
|
Furniture and fittings |
|
|
116,809 |
|
|
|
(23,868 |
) |
|
|
92,941 |
|
|
|
42,140 |
|
Vehicles |
|
|
55,949 |
|
|
|
(17,870 |
) |
|
|
38,079 |
|
|
|
49,268 |
|
Computer equipment |
|
|
1,450 |
|
|
|
(585 |
) |
|
|
865 |
|
|
|
1,350 |
|
|
|
$ |
3,752,590 |
|
|
$ |
(778,195 |
) |
|
$ |
2,974,395 |
|
|
$ |
3,012,663 |
|
Depreciation expense
for the year ended December 31, 2022 and 2021 was $182,139
and $146,360,
respectively.
|