Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.22.1
Property and Equipment
 12 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT

NOTE 6 – PROPERTY AND EQUIPMENT

On December 31, 2021 and 2020, property and equipment consisted of the following:

Useful Life December 31,
2021		 December 31,
2020
Machinery and equipment 5 - 7 years $ 124,133 $ 50,722
Furniture and office equipment 3 - 7 years 32,306 30,245
Vehicles 1 - 5 years 63,009 55,941
Leasehold improvements 3 - 5 years 45,296 16,701
264,744 153,609
Less: accumulated depreciation (129,722 ) (134,926 )
Property and equipment, net $ 135,022 $ 18,683

During the year ended December 31, 2021, the Company sold a vehicle for proceeds of $13,000 and record a gain on sale of property and equipment of $13,000 which is included in general and administrative expenses on the accompanying consolidated statement of operations. For the years ended December 31, 2021 and 2020, depreciation and amortization expense is included in general and administrative expenses and amounted to $23,872 and $14,093, respectively.