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4. PROPERTY AND EQUIPMENT
9 Months Ended
Sep. 30, 2015
Property, Plant and Equipment [Abstract]  
4. PROPERTY AND EQUIPMENT

Property and equipment, including purchased and developed software is recorded at cost. The Company has depreciated or amortized these assets using the straight-line method over the useful lives of the asset. The useful lives are estimated to be between 2 and 7 years.

 

Property and equipment consisted of the following:

 

    September 30, 2015     December 31, 2014  
             
Furniture & office equipment   $ 249,387     $ 240,102  
Containers     3,408,391       2,847,205  
Trucks     5,920,447       5,523,773  
Total Property and Equipment     9,578,225       8,611,080  
Less:  Accumulated Depreciation     (2,167,917 )     (956,315 )
Net Property and Equipment   $ 7,410,308     $ 7,654,765  

 

Depreciation Expense for the nine months ending September 30, 2015 and 2014 was $1,224,871 and $1,090,687, respectively.