5 EQUIPMENT
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| December 31, 2017 | ||||||||
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| Opening |
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| Closing | Opening | Depreciation | Closing |
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| cost |
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| cost | accumulated | during the | depreciation | Net book |
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| balance | Additions | Disposals | balance | depreciation | period | balance | value |
| Office Equipment |
$ 18,026 | $ - | $ - |
$ 18,026 |
$ 10,353 |
$ 4,376 |
$ 14,729 |
$ 3,297 | |
| Computer Equipment | 174,762 | $ 6,315 | - | 181,077 | 76,596 | 41,449 | 118,045 | 63,032 | |
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| $ 192,788 | $ 6,315 | $ - | $ 199,103 | $ 86,949 | $ 45,825 | $ 132,774 | $ 66,329 |
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December 31, 2016 | |||||||||
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| Opening |
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| Closing | Opening | Depreciation | Closing |
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| cost |
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| cost | accumulated | during the | depreciation | Net book |
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| balance | Additions | Disposals | balance | depreciation | year | balance | value |
| Office Equipment |
$ 10,819 |
$ 7,207 | $ - |
$ 18,026 |
$ 6,348 |
$ 4,005 |
$ 10,353 |
$ 7,673 | |
| Computer Equipment | 146,440 | 28,322 | - | 174,762 | 28,974 | 47,622 | 76,596 | 98,166 | |
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| $ 157,259 | $ 35,529 | $ - | $ 192,788 | $ 35,322 | $ 51,627 | $ 86,949 | $ 105,839 |