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PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2022
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 at March 31, 2022 and December 31, 2021:

 

 

 

Mar 31,

2022

 

 

Dec 31,

2021

 

Computers – 3 year estimated useful life

 

$108,622

 

 

$108,622

 

Less – Accumulated Depreciation

 

 

(100,430 )

 

 

(98,602 )

Property and Equipment, net

 

$8,192

 

 

$10,020

 

 

Depreciation has been provided over each asset’s estimated useful life. Depreciation expense was $1,828, and $1,828 for the three months ended March 31, 2022 and 2021, respectively.