General form of registration statement for all companies including face-amount certificate companies

3. Property and Equipment

v3.10.0.1
3. Property and Equipment
 6 Months Ended 12 Months Ended
Jun. 30, 2018
Dec. 31, 2017
Property, Plant and Equipment [Abstract]    
Property and Equipment

Note 3 – Property and Equipment

 

At June 30, 2018 and December 31, 2017, property and equipment consisted of the following:

 

    June 30, 
2018 		    December 31, 
2017 		 
Computers   $ 1,029     $ 1,029  
Furniture and fixture     8,850       8,850  
Total cost     9,879       9,879  
Less accumulated depreciation     (4,633 )     (3,543 )
Property and equipment, net   $ 5,246     $ 6,336  

 

Depreciation expense for the six months ended June 30, 2018 and 2017 amounted to $1,090 and $914, respectively.

At December 31, 2017 and 2016, property and equipment consisted of the following:

 

    December 31,
2017		     December 31,
2016		  
Computers   $ 1,029     $ 1,029  
Furniture and fixture     8,850       8,850  
Total cost     9,879       9,879  
Less accumulated depreciation     (3,543 )     (1,362 )
Property and equipment, net   $ 6,336     $ 8,517  

 

Depreciation expense for the twelve months period ended December 31, 2017 and 2016 amounted to $2,181 and $1,130, respectively.