NOTES PAYABLE	6 Months Ended
Jun. 30, 2018
Notes to Financial Statements
NOTE 5 - NOTES PAYABLE	During December 2017, the Company borrowed an aggregate $58,047 under a leasing agreement with Dell. The leases have a bargain purchase option of $1 at the end of the lease term. On November 20, 2017, a $56,542 note from a third party for the lease of fixed assets, amortized over 60 months with monthly payments of $1,186. As of June 30, 2018, the Company’s balance is $56,012. On December 19, 2017, a $1,505 note from a third party for the lease of fixed assets, amortized over 36 months with monthly payments of $54. As of June 30, 2018, the Company’s balance is $1,064. The Company paid $4,585 of interest on notes payable for the six months ended June 30, 2018.

The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants.

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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