LAND, PROPERTY EQUIPMENT

6 Months Ended

Jun. 30, 2021

LAND, PROPERTY EQUIPMENT

5. LAND, PROPERTY & EQUIPMENT

5. LAND, PROPERTY & EQUIPMENT

Land, property & equipment consist of the following:

	June 30,			December 31,
	2021			2020
Computer and software	$	23,381		$	24,649
Furniture and fittings		28,525			30,071
Office equipment		41,625			43,882
Renovations and improvements		335,830			354,034
Motor vehicle		127,234			134,131
Building		871,638			918,886
Land		213,863			225,455
Total		1,642,096			1,731,108
Less: accumulated depreciation		(871,254	)		(870,321	)
Net	$	770,842		$	860,787

The depreciation expense charged to general and administrative expenses were $46,600 and $42,588 for the six months ended June 30, 2021 and 2020, respectively.