v3.20.4
3. PROPERTY AND EQUIPMENT
6 Months Ended
Nov. 30, 2020
Notes  
3. PROPERTY AND EQUIPMENT

3. PROPERTY AND EQUIPMENT 

 

Major classifications of property and equipment are summarized below as of November 30, 2020 and May 31, 2020.

 

 

 

November 30,

2020

 

May 31,

2020

 

 

(Unaudited)

 

 

Furniture and fixtures

$

73,828

$

68,685

Computer equipment

 

88,626

 

78,743

Software

 

24,414

 

24,414

Leasehold improvements

 

27,146

 

27,146

 

 

214,014

 

198,988

Less: accumulated depreciation

 

28,643

 

-

 

$

185,371

$

198,988

 

Depreciation expense charged to income for the three and six months ended November 30, 2020 amounted to $14,611 and $28,643, respectively. The Company did not incur depreciation expense for the period October 28, 2019 (inception) through November 30, 2019.