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PROPERTY AND EQUIPMENT, NET
12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

NOTE 7. PROPERTY AND EQUIPMENT, NET

 

Property and equipment consisted of the following:

 

  

As of

December 31, 2021

  

As of

December 31, 2020

 
Furniture  $1,949   $460 
Electronic equipment   11,520    15,931 
Motor vehicle   -    100,000 
Leasehold improvement   -    - 
Total property and equipment   13,469    116,391 
Less: accumulated depreciation   (2,395)   (7,924)
Less: impairment   -    - 
Property and equipment, net  $11,074   $108,467 

  

Depreciation expense was $2,395, $703, and $60,910, respectively for the years ended December 31, 2021, 2020 and 2019.