XML 20 R9.htm IDEA: XBRL DOCUMENT v3.22.2.2
INTANGIBLE ASSETS
6 Months Ended
Jul. 03, 2022
INTANGIBLE ASSETS  
INTANGIBLE ASSETS

NOTE 3 – INTANGIBLE ASSETS

 

At July 3, 2022, based upon our preliminary evaluation of the value of acquired assets, Intangible Assets are the following:

 

 

 

Estimated

Useful Life (Years)

 

 

Amount

 

 

 

 

 

 

 

 

Covenant not to compete        

 

 

4

 

 

$300,000

 

Trademarks, tradenames, websites and social media accounts      

 

 

20

 

 

 

125,000

 

 

 

 

 

 

 

$425,000