Fixed Assets Text Block

3 Months Ended

Feb. 29, 2016

Notes

Fixed Assets Text Block

6.                   FIXED ASSETS

Fixed assets as of February 29, 2016 and November 30, 2015 are summarized as follows:

	2016	2015
	(Unaudited)
Electronic equipment	$   86,206	$   68,733
Motor vehicles	127,345	69,714
Office equipment	12,646	12,936
	226,197	151,383
Less: accumulated depreciation	(93,667)	(85,523)
Fixed Assets - net	$  132,530	$   65,860

For the three months ended February 29, 2016 and February 28, 2015, depreciation expense was $10,108 and $6,347, respectively.