8. Property and Equipment

3 Months Ended

Mar. 31, 2020

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 8 – Property and Equipment

At March 31, 2020 and December 31, 2019, property and equipment consisted of the following:

	March 31, 2020			December 31, 2019
Warehouse	$	3,789,773		$	3,789,773
Land		731,515			731,515
Building Improvement		238,666			238,666
Furniture and fixture		27,631			27,631
Equipment		47,064			47,064
Software		1,995			1,995
Total cost		4,836,644			4,836,644
Less accumulated depreciation		(223,804	)		(183,206	)
Property and equipment, net	$	4,612,840		$	4,653,438

Depreciation expense for the three months ended March 31, 2020 and 2019 amounted to $40,598 and $32,926, respectively.

The Company purchased a warehouse in Ontario, California in September 2018 and leased an unused portion to a third party. The tenant paid $12,335 as security deposit, shown as other liability in non-current liability.