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

PROPERTY AND EQUIPMENT (Tables)

v2.4.0.6
PROPERTY AND EQUIPMENT (Tables)
12 Months Ended
Dec. 31, 2012
Notes to Financial Statements  
Property and equipment

Property and equipment at cost, less accumulated depreciation, at December 31, 2012 consisted of the following:

 

    December 31,     December 31,  
    2012     2011  
Furniture   $ 31,539      $ 34,421   
         Equipment     26,022        32,769   
         Leasehold improvements     10,400        10,400   
   Subtotal     67,961        77,590   
Less accumulated depreciation     (34,311)       (22,771)  
Total   $ 33,650      $ 54,819