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FINANCE LEASES (Tables)
9 Months Ended
Sep. 30, 2022
FINANCE LEASES  
Schedule Of The Net Book Value Of The Finance Lease

Assets

 

Sept. 30,

2022

 

Leased equipment under finance lease,

 

$96,669

 

less accumulated amortization

 

 

(96,669 )

Net

 

$-

 

 

Liabilities

 

Sept. 30,

2022

 

Obligations under finance lease (current)

 

$4,697

 

Obligations under finance lease (noncurrent)

 

 

521

 

Total

 

$5,218

 

Schedule Of Reconciliation Of Leases

 

 

Finance Leases

 

Leased asset balance

 

$4,980

 

Liability balance

 

 

5,218

 

Cash flow (operating)

 

 

-

 

Cash flow (financing)

 

 

-

 

Interest expense

 

$238

 

Schedule Of Future Minimum Lease Payments

Years ended December 31

 

Finance Leases

 

2022

 

 

5,125

 

2023

 

 

2,898

 

Thereafter

 

 

-

 

Total

 

 

7,993

 

Less: Imputed Interest

 

( )

 

Total Liability

 

 

 

 

Schedule Of Other Information Related To Leases

Lease Type

 

Weighted Average Remaining Term

 

Weighted Average Discount Rate (1)

 

Finance Leases

 

0.51 years

 

 

16%