Quarterly report pursuant to Section 13 or 15(d)

Note 1 - Summary of Significant Accounting Policies: Property, Plant and Equipment, Policy (Policies)

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Note 1 - Summary of Significant Accounting Policies: Property, Plant and Equipment, Policy (Policies)
9 Months Ended
Sep. 30, 2018
Policies  
Property, Plant and Equipment, Policy

Property and Equipment - Property and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization is computed on a straight-line basis over the estimated useful lives of the respective assets or, in the case of leasehold improvements, the remaining lease term, if shorter. When assets are retired or otherwise disposed of, the assets and related accumulated depreciation are removed, and the resulting gains or losses are recorded as part of other income or expense in the statements of operations. Repairs and maintenance costs are expensed as incurred.

 

The estimated useful lives of the property and equipment are as follows:

 

 

 

 

Property and Equipment

 

Estimated Useful Life

Building improvements

 

15 years

Furniture, fixtures and equipment

 

7 years

Computer equipment

 

5 years