PROPERTY AND EQUIPMENT |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2022 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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PROPERTY AND EQUIPMENT |
NOTE 6 – PROPERTY AND EQUIPMENT Property and equipment consist of the following at:
Depreciation expense was $143,205 and $76,064 for the six months ended June 30, 2022 and 2021, respectively. Depreciation expense was $72,094 and $57,910 for the three months ended June 30, 2022 and 2021, respectively. The decrease in equipment value is due to disposal of $96,770 of obsolete equipment. This equipment had previously been depreciated by $36,299. |
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- References No definition available.
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- Definition The entire disclosure for long-lived, physical asset used in normal conduct of business and not intended for resale. Includes, but is not limited to, work of art, historical treasure, and similar asset classified as collections. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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