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7. CAPITAL LEASE OBLIGATION
9 Months Ended
Sep. 30, 2015
Capital Lease Obligation  
Capital lease obligation

In December 2014, the Company entered into a Capital Lease agreement for the purchase of a phone system. The agreement required a down payment of $2,105 and 36 monthly payments of $375. The Company recorded an asset of $13,512 and a capital lease obligation of $13,512. Aggregate payments under the lease were $3,092 for the nine months ended September 30, 2015. At September 30, 2015 a total lease liability of $10,045 remained. Of that, $4,504 will be due in the next 12 months.