v3.8.0.1
5. SOFTWARE
9 Months Ended
Oct. 31, 2017
Notes  
5. SOFTWARE

5.  SOFTWARE

 

The Company has software that it uses for the development of certain mobile applications. The software and any upgrades are being amortized over useful lives ranging from 3 - 5 years. The Company recorded amortization expense of $14,172 and $6,055 for the nine months ended October 31, 2017 and 2016, respectively.

 

 

 

October 31, 2017

 

January 31, 2017

 

 

 

 

 

Charting software

$

102,705

$

102,705

Ken Chart Native Apps

 

20,007

 

-

Website

 

2,080

 

2,080

 

 

124,792

 

104,785

Accumulated amortization

 

(36,463)

 

(22,291)

Net book value

$

88,329

$

82,494