Quarterly report pursuant to Section 13 or 15(d)

Amortizable Intangible Assets

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Amortizable Intangible Assets
3 Months Ended
Mar. 31, 2015
Amortizable Intangible Assets [Abstract]  
Amortizable Intangible Assets

Note 4 – Amortizable Intangible Assets

 

Intangible assets consist of the following as of March 31, 2015 and December 31, 2014:

 

                Amortization
    2015     2014     Period
Customer list   $ 90,813     $ 90,813     5 years
Less accumulated amortization     (60,033 )     (54,488 )    
Intangible assets, net   $ 30,780     $ 36,325      

         

The estimated aggregate amortization expense for each of the next two years is as follows:

 

Year Ending      
2015   $ 12,618  
2016     18,162  
    $ 30,780  

 

Amortization expense for the three months ended March 31, 2015 and 2014 was $5,545 and $4,541, respectively.