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

PROPERTY AND EQUIPMENT (Tables)

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PROPERTY AND EQUIPMENT (Tables)
9 Months Ended 10 Months Ended
Sep. 30, 2018
Dec. 31, 2017
Property, Plant and Equipment [Abstract]    
Schedule of property and equipment

Property and equipment consists of the following at:

 

    September 30, 2018   December 31, 2017  
               
Land   $ 54,030   $ 54,030  
Building     171,094     171,094  
Vehicles     57,920     43,836  
Furniture, office equipment, and leasehold improvements     1,032,895     1,008,665  
Manufacturing equipment and tooling     1,194,683     1,075,471  
      2,510,622     2,353,096  
Less: accumulated depreciation     (1,689,309 )   (1,516,813 )
Property and equipment, net   $ 821,313   $ 836,283  

Property and equipment consists of the following at:

 

                     
    December 31, 2017   February 28, 2017   Estimated
Useful Lives
 
                     
Land   $ 54,030   $ 54,030        
Building     171,094     171,094     20 years  
Furniture, office equipment, and leasehold improvements     1,052,501     1,022,942     3-10 years  
Manufacturing equipment and tooling     1,075,471     1,003,166     3-12 years  
   Total     2,353,096     2,251,232        
Less: accumulated depreciation     1,516,813     1,319,140        
Property and equipment, net   $ 836,283   $ 932,092