7. Property and Equipment

9 Months Ended

12 Months Ended

Sep. 30, 2020

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 8 – Property and Equipment

At September 30, 2020 and December 31, 2019, property and equipment consisted of the following:

	June 30, 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		48,378			47,064
Software		1,995			1,995
Total cost		4,837,958			4,836,644
Less accumulated depreciation		(304,890	)		(183,206	)
Property and equipment, net	$	4,533,068		$	4,653,438

Depreciation expense for the nine months ended September 30, 2020 and 2019 amounted to $121,684 and $112,107, 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 a security deposit, shown as other liability in non-current liability.

Note 7 – Property and Equipment

At December 31, 2019 and 2018, property and equipment consisted of the following:

	December 31, 2019			December 31,  2018
Warehouse	$	3,789,773		$	3,789,773
Land		731,515			731,515
Building Improvement		238,666			34,000
Construction in progress		–			31,677
Furniture and fixture		27,631			16,677
Equipment		47,064			6,029
Software		1,995			–
Total cost		4,836,644			4,609,671
Less accumulated depreciation		(183,206	)		(31,536	)
Property and equipment, net	$	4,653,438		$	4,578,135

Depreciation expense for the years ended December 31, 2019 and 2018 amounted to $151,670 and $27,993, respectively.