Annual report pursuant to Section 13 and 15(d)

Property and Equipment

v3.21.1
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]
PROPERTY AND EQUIPMENT

NOTE 5 – PROPERTY AND EQUIPMENT

On December 31, 2020 and 2019, property and equipment consisted of the following:

Useful Life 2020 2019
Machinery and equipment 5 - 7 years $ 50,722 $ 52,184
Furniture and office equipment 3 - 7 years 30,245 45,063
Vehicles 5 years 55,941 68,341
Leasehold improvements 3 years 16,701 16,701
153,609 182,289
Less: accumulated depreciation (134,926 ) (149,513 )
Property and equipment, net $ 18,683 $ 32,776

For the years ended December 31, 2020 and 2019, depreciation and amortization expense is included in general and administrative expenses and amounted to $14,093 and $24,629, respectively.