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PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2021
PROPERTY AND EQUIPMENT  
NOTE 3 - 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 on September 30, 2021 and December 31, 2020:

 

 

 

Sept. 30,

2021

 

 

Dec. 31,

2020

 

Computers – 3 year estimated useful life

 

$108,622

 

 

$108,622

 

Less – Accumulated Depreciation

 

 

(98,601)

 

 

(93,117)

Property and Equipment, net

 

$10,021

 

 

$15,505

 

 

Depreciation has been provided over each asset’s estimated useful life. Depreciation expense was $5,484, and $24,102 for the nine months ended September 30, 2021 and 2020, respectively.