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Patents
12 Months Ended
Dec. 31, 2020
Goodwill and Intangible Assets Disclosure [Abstract]  
Patents

7. Patents

 

   

2020

Cost

    Accumulated
Amortization
   

2020

Net

 
Patents   $ 208,211     $ 178,074     $ 30,137  
                         

 

   

2019

Cost

    Accumulated
Amortization
   

2019

Net

 
Patents   $ 204,102     $ 157,526     $ 46,576  
                         

 

Increase in 2020 cost was due to currency conversion. 2020 cost in Canadian dollars - $265,102 (2019 - $265,102 in Canadian dollars).

 

Amount of amortization for 2020: $16,439 (2019: $16,438) and is included in cost of sales in the consolidated statements of income and comprehensive income.

 

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

 

2021   $ 16,438  
2022     13,699