Note A - Summary of Accounting Policies and Nature of Operations: Property and Equipment (Policies)

12 Months Ended

Dec. 31, 2016

Policies

Property and Equipment

Property and Equipment

Property and equipment are stated at cost. Depreciation is computed primarily using the straight-line method over the estimated useful lives of the related assets as follows:

Software	3 years
Computers and equipment	5 years
Furniture and fixtures	7 years
Leasehold improvements	Shorter of estimated life of improvement or the lease term

Property and equipment consist of the following at December 31:

	2016	2015
Computers and equipment	$ 1,553,855	$ 1,551,962
Leasehold improvements	1,092,569	1,092,569
Software	58,041	58,041
Furniture and fixtures	39,284	34,581
	2,743,749	2,737,153
Less accumulated depreciation	(2,666,595)	(2,640,765)
	$      77,154	$    96,388

Depreciation expense for the years ended December 31, 2016 and 2015 was $25,830 and $31,279, respectively.