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Property, Plant, and Equipment

12 Months Ended

Dec. 31, 2013

Property, Plant and Equipment Disclosure

Note 6 – Property and Equipment

A summary of property and equipment at December 31, 2013 and December 31, 2012 is as follows:

	2013			2012			Estimated Useful Lives(in years)

Equipment	$	83,146		$	25,426			5
Computer equipment (hardware)		6,975			6,975			3-5
Software		3,929			3,929			3
		94,050			36,330
Less: Accumulated depreciation		(38,616	)		(26,771	)
	$	55,434		$	9,559

The amounts charged to operations for depreciation expense for the year ended December 31, 2013 and 2012 were $11,845 and $6,250 respectively. Depreciation expense from inception through December 31, 2013 was $38,616.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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