LAND, PROPERTY & EQUIPMENT

6 Months Ended

Jun. 30, 2017

Notes to Financial Statements

Note 4. LAND, PROPERTY & EQUIPMENT

Land, property & equipment consist of the following:

	June 30,			December 31,
	2017			2016
Computer and software	$	20,580		$	19,708
Furniture and fittings		28,419			27,215
Office equipment		41,355			39,603
Renovations and improvements		326,282			302,238
Building		868,411			831,626
Land		213,071			204,045
Total		1,498,118			1,424,436
Less: accumulated depreciation		(147,509	)		(108,777	)
Net	$	1,350,609		$	1,315,659

The depreciation expense charged to general and administrative expenses were $33,183 and $22,555 for the six months ended June 30, 2017 and 2016, respectively.