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PROPERTY AND EQUIPMENT
12 Months Ended
Dec. 31, 2020
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, 2020 and 2019:

 

 

 

December 31,

2020

 

 

December 31,

2019

 

Computers – 3 year estimated useful life

 

$ 108,622

 

 

$ 96,669

 

Less – Accumulated Depreciation

 

 

(93,117 )

 

 

(67,787 )

Property and Equipment, net

 

$ 15,505

 

 

$ 28,882

 

 

Depreciation has been provided over each asset’s estimated useful life. Depreciation expense was $25,331, and $31,668 for the twelve months ended December 31, 2020 and 2019, respectively.