The Company purchased motor vehicles under a finance lease agreement with the effective interest rate 5.99% of per annum due through January 2023, with principal and interest payable monthly. The obligation under the finance lease is as follows:

	As of
	September 30, 2020			December 31, 2019
Finance lease	$	63,199		$	69,863
Less: interest expense		(3,813	)		(4,576	)
Net present value of finance lease	$	59,386		$	65,287

Current portion	$	19,886		$	20,201
Non-current portion		39,500			45,086
Total	$	59,386		$	65,287