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SCHEDULE OF INCOME TAXES (TABLES)
12 Months Ended
Dec. 31, 2014
SCHEDULE OF INCOME TAXES (TABLES)  
SCHEDULE OF INCOME TAXES (TABLES)

The provision for income taxes differs from the amount computed by applying the statutory federal income tax rate to income before provision for income taxes. The sources and tax effects of the differences for the periods presented are as follows:

 

 

 

 

 

Income tax provision at the federal and state statutory rate

 

39.63%

Effect on operating losses

 

(39.63%)

 

 

-

 

Changes in the net deferred tax assets consist of the following:

 

 

 

2014

 

 

2013

Net operating loss carry forward

$

11,554

 

$

17,091

Valuation allowance

 

(11,554)

 

 

(17,091)

Net deferred tax asset

$

-

 

$

-

 

A reconciliation of income taxes computed at the statutory rate is as follows:

 

 

 

 

 

 

 

 

 

2014

 

 

2013

Tax at statutory rate (39%)

$

4,579

 

$

6,773

Increase in valuation allowance

 

(4,579)

 

 

(6,773)

Net deferred tax asset

$

-

 

$

-