4. Fixed Assets

12 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Fixed Assets

4. Fixed Assets

Fixed assets are recorded at cost, net of accumulated depreciation and are comprised of the following:

	December 31, 2019			December 31, 2018
Furniture and fixtures	$	98,903		$	98,395
Leasehold improvements		40,953			36,900
Vehicles		34,000			34,000
Office equipment		33,833			74,360
Work in process		190,743			–
		398,432			243,655
Less: accumulated depreciation		(159,354	)		(149,015	)
Total property and equipment, net of depreciation	$	239,078		$	94,640

Depreciation on fixed assets is recorded on a straight-line basis over the following expected useful:

Furniture and fixtures	3 years
Marketing display	3 years
Vehicles	3 years
Office equipment	3 years

Depreciation expense for the years ended December 31, 2019 and 2018 was $55,800 and $75,446, respectively.