Note 8 - Accounts Payable and Accrued Liabilities

12 Months Ended

Dec. 31, 2020

8.	Accounts Payable and Accrued Liabilities

	Accounts Payable					Accrued Liabilities
	December 31, 2020		December 31, 2019			December 31, 2020		December 31, 2019
Current accounts payable	$	241,963	$	338,383	Accrued liabilities	$	188,554	$	178,479
Other accounts payable (a)		651,220		254,360	Deferred Compensation to Directors (b)		368,372		-
Total	$	893,183	$	592,743	Total	$	556,926	$	178,479

(a)

The Company reached agreements with certain service vendors to defer payment until the closing of the

first

property lot sale that is the subject of either the Flowerfield or Cortlandt Manor subdivision, respectively.

(b)

The director fees and interest accrued under the deferred Compensation Plan where each director elected to defer

100%

of his fees for

2020

and

2021.

This amount also includes the deferred compensation of a Board advisor per an agreement to defer payments due.

Accrued liabilities on

December 31, 2020

and

2019

are as follows: