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6. PATENTS
12 Months Ended
Dec. 31, 2016
Notes to Financial Statements  
6. PATENTS

6. Patents.

 

   

2016

Cost

   

Accumulated

Amortization

   

2016

Net

 
Patents   $ 197,448     $ 101,558     $ 95,890  
                         

 

   

2015

Cost

   

Accumulated

Amortization

   

2015

Net

 
Patents   $ 191,698     $ 91,075     $ 100,623  
                         

 

Increase in 2016 cost was due to currency conversion. 2016 cost in Canadian dollars - $265,102 (2015 - $265,102 in Canadian dollars).

 

Amount of amortization for 2016: $15,616 (2015: $15,867) and is included in cost of sales in the consolidated statements of operations and comprehensive income (loss).

 

Estimated amortization expense over the next five years is as follows:

 

2017   $ 16,438  
2018     16,438  
2019     16,438  
2020     16,438  
2021     16,438