(a) The Company has a 50% ownership interest in ENP Peru Investments LLC (“ENP Peru”), which was acquired in fiscal 2016. ENP Peru is located in Illinois and leases warehouse space. The Company accounts for this investment using the equity method of accounting as ENP Peru is not controlled by the Company. A summary of the Company’s investment follows:

Balance, December 31, 2018	$	12,108
Return of equity		(6,250	)
Loss in equity method investment		5,529
Balance, December 31, 2019		11,387
Return of equity		(6,563	)
Balance, June 30, 2020	$	4,824

Summary of Profit and Loss Information Related to Equity Accounted Investment

Summarized profit and loss information related to the equity accounted investment is as follows for the full year:

	2019

Net sales	$	75,870
Net income	$	34,200

Schedule of Equity Method Investment

A summary of the Company’s investment follows:

Balance, December 31, 2018	$	500,000
Impairment		-
Balance, December 31, 2019 and June 30, 2020	$	500,000

Schedule of Equity Method Investment

A summary of the Company’s investment follows:

Balance, December 31, 2018	$	-
Acquisition		1,001,000
Gain in equity method investment		290,033
Return on investment		(150,000	)
Balance, December 31, 2019		1,141,033
Additional payment		1,000,000
Return on investment		(360,000	)
Gain on equity method investment		467,153
Balance, June 30, 2020	$	2,248,186