Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

v3.20.2
Property and Equipment
 6 Months Ended
Jun. 30, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

At June 30, 2020 and December 31, 2019, property and equipment consisted of the following:

Useful Life 2020 2019
Machinery and equipment 5 - 7 years $ 52,184 $ 52,184
Furniture and office equipment 3 - 7 years 45,063 45,063
Vehicles 5 years 68,341 68,341
Leasehold improvements 3 years 16,701 16,701
182,289 182,289
Less: accumulated depreciation (158,000 ) (149,513 )
Property and equipment, net $ 24,289 $ 32,776

For the six months ended June 30, 2020 and 2019, depreciation and amortization expense is included in general and administrative expenses and amounted to $8,487 and $12,872, respectively.