NOTE 3. RECEIVABLES

Our accounts receivables consisted of the following:


		December 31,
		2016		2015
Accounts receivable	$	225,314	$	133,692
Less: Allowance for doubtful accounts		(43,100)		(9,139)
Total	$	182,214	$	124,553

Our note receivable – related party consists of principal of $75,000 and accrued interest of $2,202 due from DB Arizona. The loan bears interest at 14%, with principal and interest due on May 30, 2017.

Future minimum lease payments due to us for the lease of our cultivation property in a suburb of Pueblo, Colorado consist of:


Year ending December 31
2017	$	112,753
2018		115,008
2019		117,308
2020		119,655
2021		126,548
	$	591,272