(b) Property and equipment Computer equipment, equipment and furnitures, and truck vehicle are stated at cost,...

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(b) Property and equipment Computer equipment, equipment and furnitures, and truck vehicle are stated at cost, less accumulated amortization. Amortization is calculated using the declining method at the following rates: Computer equipment Equipment and furnitures Truck vehicle 55% 10% 30% NOTE 5: PROPERTY AND EQUIPMENT 2020 2019 Cost Accumulated Amortization Net carrying Net carrying amount amount Computer equipment S 5,774 S 5,497 S 277 S 616 Equipment and furnitures 762,067 513,875 Truck vehicle 250 37 S 768,091 S 248,192 269,458 519,409 $ 248,682 S 270,074 213 (b) Property and equipment Computer equipment, equipment and furnitures, and truck vehicle are stated at cost, less accumulated amortization. Amortization is calculated using the declining method at the following rates: Computer equipment Equipment and furnitures Truck vehicle 55% 10% 30% NOTE 5: PROPERTY AND EQUIPMENT 2020 2019 Cost Accumulated Amortization Net carrying Net carrying amount amount Computer equipment S 5,774 S 5,497 S 277 S 616 Equipment and furnitures 762,067 513,875 Truck vehicle 250 37 S 768,091 S 248,192 269,458 519,409 $ 248,682 S 270,074 213