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

Property and Equipment

v3.21.1
Property and Equipment
 12 Months Ended
Dec. 31, 2020
Property, Plant and Equipment [Abstract]  
Property and Equipment
4. PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

    December 31, 2020     December 31, 2019  
Computer equipment   $ 13,473     $ 13,208  
Furniture and fixtures     36,323       33,980  
Total property and equipment     49,796       47,188  
Less: Accumulated depreciation     (21,353 )     (11,577 )
Property and equipment, net   $ 28,443     $ 35,611  

 

Depreciation expense on property and equipment, was $9,059 and $8,114 for the years ended December 31, 2020 and 2019, respectively.