|12 Months Ended|
Dec. 31, 2019
|Property, Plant and Equipment [Abstract]|
Note 9 – Fixed Assets
Fixed assets consist of the following at December 31, 2019 and 2018, respectively:
Construction in progress consists of equipment and capital improvements on the Popayán farm that have not yet been placed in service.
Depreciation and amortization expense totaled $19,668 and $1,961 for the year ended December 31, 2019 and the period from inception (March 27, 2018) to December 31, 2018, respectively.
The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef