Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT (Tables)

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PROPERTY AND EQUIPMENT (Tables)
9 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
Schedule of property plant and equipment

Property and equipment was comprised of the following:

 

    September 30, 2016     December 31, 2015  
Field and shop equipment   $ 2,319,400     $ 2,188,500  
Vehicles     689,900       750,800  
Waste destruction equipment, placed in service     1,288,700       1,276,600  
Waste destruction equipment, not placed in service     1,521,100       1,521,100  
Furniture and office equipment     322,800       321,400  
Leasehold improvements     65,400       65,400  
Building and improvements     21,200       18,600  
Land     162,900       162,900  
      6,391,400       6,305,300  
Less: accumulated depreciation and amortization     (2,418,800 )     (1,974,000 )
Property and equipment, net   $ 3,972,600     $ 4,331,300  
Schedule of accumulated depreciation

    Three Month Ended     Nine months ended  
    September
30, 2016
    September
30, 2015
    September
30, 2016
    September
30, 2015
 
                         
Cost of Goods Sold   $ 141,400     $ 106,900     $ 430,100     $ 320,800  
General & Administrative     24,200       19,600       72,500       58,900  
Total Depreciation Expense   $ 165,600     $ 126,500     $ 502,600     $ 379,700  
Schedule of capital leased assets

Property and equipment included the following amounts for leases that have been capitalized at:

 

    September 30,     December 31,  
    2016     2015  
Vehicles, field and shop equipment   $ 462,700     $ 462,700  
Less: accumulated amortization     (199,400 )     (127,800 )
    $ 263,300     $ 334,900