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Property and Equipment
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Property and Equipment

Note 4 – Property and Equipment

 

Property and equipment stated at cost, less accumulated depreciation, consisted of the following:

 

    September 30, 2016     December 31, 2015  
Computer Equipment   $ 31,887     $ 33,792  
Equipment     382,728       343,359  
Furniture and Fixtures     42,609       48,950  
Leasehold Improvements     20,264       -  
      477,488       426,101  
Less: Accumulated Depreciation     (241,146 )     (175,315 )
    $ 236,342     $ 250,786  

 

Depreciation expense was $117,589 and $85,448 for the nine months ended September 30, 2016 and 2015, respectively.

 

During the nine months ended September 30, 2016, the Company disposed of property and equipment receiving proceeds of $4,850 and recorded a loss of $36,876.