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FIXED ASSETS
3 Months Ended
Mar. 31, 2019
Banking and Thrift [Abstract]  
FIXED ASSETS

 

NOTE 4: FIXED ASSETS

 

Fixed assets consist of the following at March 31, 2019 and December 31, 2018:

 

   March 31,  December 31,
   2019  2018
       
Land  $405,251   $405,251 
Land improvements   42,430    42,430 
Buildings and structures   50,000    50,000 
Building improvements   8,337    8,337 
Furniture and fixtures   2,962    2,962 
    508,980    449,323 
Less: Accumulated depreciation   (13,313)   (11,764)
Fixed Assets - net  $495,667   $497,216 

 

Depreciation expense was $1,549 and $3,312 for the three months ended March 31, 2019 and 2018, respectively.