Capital Lease Obligations |
9. |
capital leases payable |
Capital leases payable
are as follows:
|
|
March 31, 2015 |
|
|
December 31, 2014 |
|
|
|
|
|
|
|
|
Capital lease payable, bearing interest at 10%, through August 2017 |
|
$ |
9,275 |
|
|
$ |
10,502 |
|
|
|
|
|
|
|
|
|
|
Capital lease payable, bearing interest at 11.5%, through December 2017 |
|
|
45,189 |
|
|
|
- |
|
|
|
|
|
|
|
|
|
|
Capital lease payable, bearing interest at 11.5%, through July 2016 |
|
|
21,744 |
|
|
|
26,489 |
|
|
|
|
|
|
|
|
|
|
Capital lease payable, bearing interest at 11.5%, through November 2016 |
|
|
34,186 |
|
|
|
40,336 |
|
|
|
|
|
|
|
|
|
|
Capital lease payable, bearing interest at 10%, through March 2015 |
|
|
- |
|
|
|
1,333 |
|
Total capital leases payable |
|
|
110,394 |
|
|
|
78,660 |
|
Current maturities |
|
|
54,946 |
|
|
|
42,032 |
|
Capital leases payable, less current maturities |
|
$ |
55,449 |
|
|
$ |
36,628 |
|
|