Intangible Assets:

Estimated Useful Lives

Cost

Accumulated Amortization

Net Book Value

RMH/EGC acquisition- customer contracts

5 years

$

366,000

$

(97,600

)

$

268,400

Greners acquisition- customer contracts

5 years

230,000

(121,611

)

108,389

Phototron acquisition- customer contracts

5 years

215,000

(215,000

)

-

Soja, Inc. (Urban Garden Supply) acquisition- customer contracts

5 years

60,000

(60,000

)

-

Trademarks

3,600

-

3,600

Total intangible assets

$

874,600

$

(494,211

)

$

380,389