XML 23 R11.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
PROPERTY AND EQUIPMENT
3 Months Ended
Mar. 31, 2024
PROPERTY AND EQUIPMENT  
PROPERTY AND EQUIPMENT

NOTE 5 - PROPERTY AND EQUIPMENT

 

The following is a summary of property and equipment—at cost, less accumulated depreciation:

 

 

 

March 31,

2024

 

Trucks

 

 

55,000

 

 

 

 

 

 

Total cost

 

 

55,000

 

 

 

 

 

 

Less accumulated depreciation

 

 

(19,258 )

 

 

 

 

 

Net, property and equipment

 

$35,742

 

Depreciation expense for the three months ended March 31 2024 and 2023 was $2,742 and $2,712, respectively. The trucks are being depreciated over a useful life of 5 years.