LAND, PROPERTY & EQUIPMENT

9 Months Ended

Sep. 30, 2018

Notes to Financial Statements

Note 4. LAND, PROPERTY & EQUIPMENT

Land, property & equipment consist of the following:

	September 30,			December 31,
	2018			2017
Computer and software	$	21,349		$	21,773
Furniture and fittings		29,480			30,067
Office equipment		43,020			43,876
Renovations and improvements		344,434			351,285
Building		900,837			918,754
Land		221,026			225,423
Total		1,560,146			1,591,178
Less: accumulated depreciation		(454,800	)		(409,100	)
Net	$	1,105,346		$	1,182,078

The depreciation expense charged to general and administrative expenses were $55,690 and $50,359 for the nine month ended September 30, 2018 and 2017, respectively.