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Property, Plant and Equipment Disclosure | 12 Months Ended
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Dec. 31, 2018
Notes |
Property, Plant and Equipment Disclosure | NOTE 5 – PROPERTY AND EQUIPMENT Property and equipment were comprised of the following at:
| December 31, 2018 | December 31, 2017
Capital Equipment | $ 1,342,794 | $ 1,772,632
Leasehold improvements | 75,436 | 75,436
Accumulated Depreciation | (1,322,203) | (1,703,201)
Net Fixed Assets | $ 96,027 | $ 144,867
Our Depreciation Expense for the years ended December 31, 2018 and 2017 was $40,567 and 42,815 respectively. Our Property Plant and Equipment is pledged to Nations Interbanc, our line of credit.

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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 + Details
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