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PROPERTY, PLANT AND EQUIPMENT

12 Months Ended

Dec. 31, 2018

Notes to Financial Statements

NOTE 6 - PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment, net consists of the following at December 31:

		2018				2017
Leasehold Improvements		$	369,437			$	3,098
Equipment under capital lease			709,356				-
Vehicles			117,402				3,805
Furniture, fixtures and equipment			458,442				107,520
Computers and software			55,169				20,072
			1,709,806				134,495
Less: Accumulated depreciation			(284,174	)			(19,928	)
Total		$	1,425,632			$	114,567

Property and equipment includes $193,034 of machinery and equipment financed through leasing arrangements (capital leases) at December 31, 2018. Accumulated amortization of assets under capital leases was $38,607 and $0 as of December 31, 2018 and 2017, respectively.

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- References

No definition available.

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- 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.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 360
-URI http://asc.fasb.org/topic&trid=2155823

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