PROPERTY AND EQUIPMENT

9 Months Ended

Sep. 30, 2022

PROPERTY AND EQUIPMENT

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, 2022 and December 31, 2021:

	Sept. 30, 2022			Dec. 31, 2021
Computers – 3 year estimated useful life	$	108,622		$	108,622
Less – Accumulated Depreciation		(103,642	)		(98,602	)
Property and Equipment, net	$	4,980		$	10,020

Depreciation has been provided over each asset’s estimated useful life. Depreciation expense was $5,040, and $5,484 for the nine months ended September 30, 2022 and 2021, respectively.