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Property and Equipment

12 Months Ended

Dec. 31, 2014

Note 6 – Property and Equipment

A summary of property and equipment at December 31, 2014 and December 31, 2013 is as follows:

	2014			2013			Estimated Useful Lives (in years)

Equipment	$	96,737		$	83,146		5
Computer equipment (hardware)		6,975			6,975		3-5
Software		3,929			3,929		3
		107,641			94,050
Less: Accumulated depreciation		(55,258	)		(38,616	)
	$	52,383		$	55,434

The amounts charged to operations for depreciation expense for the year ended December 31, 2014 and 2013 were $16,641 and $11,845 respectively. Depreciation expense from inception through December 31, 2014 was $55,258.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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