FINANCE LEASE

9 Months Ended

Sep. 30, 2019

FINANCE LEASE

NOTE 6 - FINANCE LEASE

The Company purchased motor vehicles under a finance lease agreement, with principal and interest payable monthly. The obligation under the finance lease is as follows:

	As of
	September 30, 2019			December 31, 2018
Finance lease	$	73,828		$	89,634
Less: interest expense		(5,217	)		(7,571	)
Net present value of finance lease	$	68,611		$	82,063
Current portion	$	19,517		$	19,128
Non-current portion		49,094			62,935
Total	$	68,611		$	82,063