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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2019
PROPERTY AND EQUIPMENT  
NOTE 3 - PROPERTY AND EQUIPMENT

The Company’s policy is to capitalize all property purchases over $1,000 and depreciates the assets over their useful lives of 3 to 7 years.

 

Property consists of the following at December 31, 2019 and 2018:

 

 

 

December 31,

2019

 

 

December 31,

2018

 

Computers – 3 year estimated useful life

 

$ 96,669

 

 

$ 86,684

 

Less – Accumulated Depreciation

 

 

(67,787 )

 

 

(36,119 )

Property and Equipment, net

 

$ 28,882

 

 

$ 50,565

 

 

Depreciation has been provided over each asset’s estimated useful life. Depreciation expense was $31,668, and $28,895 for the twelve months ended December 31, 2019 and 2018, respectively.