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Inventory Disclosure
9 Months Ended
Sep. 30, 2019
Notes  
Inventory Disclosure

Raw Materials:

Raw materials consist of rebar, insulation, surfactant, powdered cement, threaded inserts and sundry items. The cost of $2,100 is based on the cost of purchase from a non-related supplier.

Property and Equipment at September 30, 2019 were comprised of the following at:

 

 

 

 

 

September 30, 2019

       December 31, 2018

Property Plant and Equipment (Gross)

  $                                    63,336 

  $                                  139,881 

Accumulated Depreciation

                                       (25,569)

                                       (17,846)

Property, Plant and Equipment (net)

  $                                    37,767 

  $                                  122,035 

 

During the quarter, the Company purchased $18,891 in manufacturing equipment so there was an increase to $63,336 in Gross equipment. The Depreciation expense was $1,307 for the three months ended September 30, 2019. And $3,921 for the nine months ended September 30, 2019 and 2018.The increase in property plant and equipment was offset by the sale of land for $100,000.