|
Note 5. Property and Equipment
Property and equipment consisted of
the following at December 31, 2011 and 2010:
| |
|
December
31, 2011 |
|
|
December
31, 2010 |
|
| Call center |
|
$ |
121,313 |
|
|
$ |
- |
|
| Computer and office equipment |
|
|
38,576 |
|
|
|
26,458 |
|
| Library (online) |
|
|
100,000 |
|
|
|
100,000 |
|
| Vehicle |
|
|
39,737 |
|
|
|
39,737 |
|
| |
|
|
299,626 |
|
|
|
166,195 |
|
| Accumulated depreciation |
|
|
(169,682 |
) |
|
|
(144,311 |
) |
| Property and equipment, net |
|
$ |
129,944 |
|
|
$ |
21,884 |
|
Depreciation expense for the years ended December 31, 2011 and 2010 was $25,371 and $43,848, respectively. Accumulated
depreciation amounted to $169,682 and $144,311 as of December 31, 2011 and 2010, respectively.
|