Note 2 - Summary of Significant Accounting Policies: Property and Equipment (Policies)

3 Months Ended

Mar. 31, 2018

Policies

Property and Equipment

PROPERTY AND EQUIPMENT

Property and equipment is stated at cost, less accumulated depreciation and amortization. Expenditures for maintenance and repairs are charged to expense when incurred, while renewals and betterments that materially extend the life of an asset are capitalized.

The costs of assets sold, retired, or otherwise disposed of, and the related allowance for depreciation, are eliminated from the accounts, and any resulting gain or loss is recognized in the results from operations. Depreciation is provided over the estimated useful lives of the assets, which are as follows:

Computer equipment                                                                          50% declining balance

In the year of acquisition, one half the normal rate of depreciation is provided.