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Patents
9 Months Ended
Sep. 30, 2018
Goodwill and Intangible Assets Disclosure [Abstract]  
Patents

6. Patents.

 

In fiscal 2005, the Company started the patent process for additional WATER$AVR® products. Patents associated with these costs were granted in 2006 and they have been amortized over their legal life of 17 years.

 

   

September 30, 2018

Cost

    Accumulated
Amortization
   

September 30, 2018

Net

 
Patents   $ 204,791     $ 137,668     $ 67,123  
                         

 

   

December 31, 2017

Cost

    Accumulated
Amortization
   

December 31, 2017

Net

 
Patents   $ 212,426     $ 132,974     $ 79,452  
                         

 

Decrease in 2018 cost was due to currency conversion. 2018 cost in Canadian dollars - $265,102 (2017 - $265,102 in Canadian dollars).

 

Amount of amortization for 2018 - $12,329 (2016 - $12,329)

 

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

 

2019   $ 16,438  
2020     16,438  
2021     16,438  
2022     16,438  
2023     16,438