Quarterly report pursuant to Section 13 or 15(d)

5. Property And Equipment, Net

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5. Property And Equipment, Net
9 Months Ended
Sep. 30, 2015
Notes to Financial Statements  
Note 5. Property And Equipment, Net

Property and equipment at September 30, 2015 and December 31, 2014 are as follows:

 

    September 30,
2015
    December 31,
2014
 
Equipment & Installation   $ 973,985     $ 787,918  
Trucking equipment     624,274       168,504  
Mixing Equipment     125,258       17,103  
Office equipment     27,155       23,941  
Computer equipment and software     97,530       88,898  
Total Equipment     1,848,202       1,086,364  
                 
Less: accumulated depreciation     906,034       831,034  
Property and equipment, net   $ 942,168     $ 255,330  

 

The Company uses the straight-line method of depreciation over 3 to 5 years. During the nine months ended September 30, 2015 and 2014, depreciation expense charged to operations was $75,000 and $239,687, respectively.