Estimated

Intangible Assets:

Useful Lives

Cost

Accumulated Amortization

Net Book Value

RMH/EGC acquisition- customer contracts

5 years

$

366,000

$

(207,400

)

$

158,600

Greners acquisition- customer contracts

5 years

230,000

(171,633

)

58,367

Phototron acquisition- customer contracts

5 years

215,000

(215,000

)

-

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

5 years

60,000

(60,000

)

-

Total intangible assets

$

871,000

$

(654,033

)

$

216,967