INTANGIBLE ASSET (Tables)

9 Months Ended

Sep. 30, 2020

INTANGIBLE ASSET

Schedule of intangible assets

September 30, 2020
	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Weighted Average Useful Life (Years)
Intangible assets:
Software development	$	57,143	$	(3,266	)	$	53,877		10
Software development in progress	$	21,014		-			21,014
Foreign currency translation adjustment		-		-			2,305
Intangible assets, net	$	78,157	$	(3,266	)	$	77,196

Schedule of intangible assets amortization expenses

Fiscal years:
Remaining 2020	$	52,434
2021		46,662
2022		40,890
2023		35,118
Thereafter		29,346