CAPITAL LEASE OBLIGATIONS

3 Months Ended

Dec. 31, 2020

Disclosure Text Block Supplement [Abstract]

Debt and Capital Leases Disclosures [Text Block]

NOTE 5 – CAPITAL LEASE OBLIGATIONS

At December 31, 2020, September 30, 2020, and December 31, 2019, capital lease obligations consisted of the following:

	December 31, 2020		September 30, 2020		December 31, 2019
A 2016 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.532% per annum, through January 2023.	$	26,104	$	29,261	$	38,470
A 2018 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.644% per annum, through September 2024.		45,666		48,552		56,986
A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.181% per annum, through May 2025.		53,537		56,411		64,812

	December 31, 2020		September 30, 2020		December 31, 2019
A 2019 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,116, including interest at 4.101% per annum, through December 2025.		60,054		62,874		71,123
A 2020 Hino truck leased from Donahue Transportation Services Corp, payable in monthly installments of $1,166, including interest at 5.406% per annum, through May 2027.		75,723		78,176		-
		261,084		275,274		231,391
Less current portion		(58,398)		(54,749)		(44,435)
Total capital lease obligations	$	202,686	$	220,525	$	186,956

At December 31, 2020, future minimum payments on capital lease obligations were as follows:

For the Twelve Months Ending December 31,
2021	$	69,288
2022		68,806
2023		55,380
2024		50,032
2025		28,244
Thereafter		19,823
Present value of future minimum payments		291,573
Less amount representing interest		(30,489)
		261,084
Less current portion of capital lease obligations		(58,398)
Total capital lease obligations, net of current portion	$	202,686