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3. Discontinued Operations (Tables)
12 Months Ended
Dec. 31, 2020
Discontinued Operations and Disposal Groups [Abstract]  
Discontinued operations

A summary of total consideration received, and assets sold is as follows:

 

Notes receivable   $ 14,884,620  
Accounts receivable     2,204,286  
Cash     221,845  
Consideration received   $ 17,310,751  
         
Customer lists   $ 17,015,857  
Lease and utility deposits     100,009  
Fixed assets     57,448  
Gain     137,437  
Sale price allocation   $ 17,310,751  

 

Operating results from company-owned offices are included in our consolidated financial statements as discontinued operations. The income from discontinued operations as reported on our consolidated statements of operations was comprised of the following amounts:

 

    Year ended  
   

December 31,

2020

   

December 31,

2019

 
Revenue   $ -     $ 13,932,769  
Cost of staffing services     -       9,946,836  
Gross profit     -       3,985,933  
Gain on sale     -       137,437  
Selling, general and administrative expense     -       (3,836,045 )
Net income before tax     -       287,325  
Provision for income taxes     -       71,831  
Net income   $ -     $ 215,494