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6. PATENTS
12 Months Ended
Dec. 31, 2014
Notes to Financial Statements  
Note 6. PATENTS
6.Patents

  

   

2014

Cost

 

Accumulated

Amortization

 

2014

Net

 

 

Patents

 

 

$ 228,597

 

 

$ 91,193

 

 

$ 137,404

 

 

   

2013

Cost

 

Accumulated

Amortization

 

2013

Net

 

 

Patents

 

 

$ 249,284

 

 

$ 80,416

 

 

$ 168,868

 

 

Decrease in 2014 cost was due to currency conversion. 2014 cost in Canadian dollars - $265,102 (2013 - $265,102 in Canadian dollars).

 

Amount of depreciation for 2014: $18,348 (2013: $19,361).

 

Estimated depreciation expense over the next five years is as follows:

 

2015 $  17,466
2016     17,466
2017     17,466
2018     17,466
2019     17,466