Annual report pursuant to Section 13 and 15(d)

CAPITAL LEASE OBLIGATIONS (Tables)

v3.8.0.1
CAPITAL LEASE OBLIGATIONS (Tables)
12 Months Ended
Dec. 31, 2017
Leases [Abstract]  
Schedule of Capital Lease Obligations

Capital lease obligations consisted of the following at December 31, 2017 and 2016:

 

 

 

2017

 

 

2016

 

Capital lease obligation

 

$

47,002

 

 

$

78,008

 

Less: Current portion

 

 

(32,785

)

 

 

(31,030

)

Total capital lease obligations – long-term

 

$

14,217

 

 

$

46,978

 

 

Schedule of Annual Requirements for Capital Leases Obligations

As of December 31, 2017, annual requirements for capital leases obligations are as follows:

 

December 31,

 

Total

 

2018

 

$

32,785

 

2019

 

 

14,217

 

Total minimum lease payments

 

$

47,002