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4. Equipment - Production Mold
12 Months Ended
Dec. 31, 2012
Notes  
4. Equipment - Production Mold

4.  EQUIPMENT – PRODUCTION MOLD

 

On August 2, 2010, the Company purchased an injection mold from a China consortium for $1,700 to produce the base and stand for the LiL Marc training urinal.  The Company has determined the mold went into service on January 1, 2011 and is being depreciated, using the straight-line method, over a 5 year period. Depreciation expense for the years ended December 31, 2012 and 2011 was $340, for each period.  Equipment is carried at cost.