Annual report pursuant to Section 13 and 15(d)

3. Property and Equipment

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

Note 3 – Property and Equipment

 

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

 

    December 31,
2018		     December 31,
2017		  
Warehouse   $ 3,789,773     $ –  
Land     731,515       –  
Building Improvement     34,000       –  
Construction in progress     31,677       –  
Furniture and fixtures     16,677       8,850  
Equipment     6,029       1,029  
Total cost     4,609,671       9,879  
Less accumulated depreciation     (31,536 )     (3,543 )
Property and equipment, net   $ 4,578,135     $ 6,336  

 

Depreciation expense for the years ended December 31, 2018 and 2017 amounted to $27,993 and $2,182, respectively.