| PROPERTY AND EQUIPMENT [Text Block] |
| 3. |
PROPERTY AND EQUIPMENT
|
Property and equipment are recorded at cost less accumulated depreciation. Depreciation is provided commencing in the month following acquisition using the following annual rate and method:
| |
Computer equipment and software |
30%
|
declining balance method |
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Furniture and fixtures |
30%
|
declining balance method |
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Leasehold improvements |
|
straight line over period of lease |
| |
Moulds |
20%
|
straight line over
5
years
|
| |
|
|
August 31, 2018 |
|
|
November 30, 2017 |
|
| |
|
|
|
|
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Accumulated |
|
|
|
|
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Accumulated |
|
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Cost |
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Amortization |
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|
Cost |
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Amortization |
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|
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$ |
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|
$ |
|
|
$ |
|
|
$ |
|
| |
Computer equipment and software |
|
69,925
|
|
|
44,310
|
|
|
53,696
|
|
|
39,971
|
|
| |
Furniture and fixtures |
|
20,998
|
|
|
18,523
|
|
|
20,998
|
|
|
17,805
|
|
| |
Leasehold improvements |
|
26,471
|
|
|
26,471
|
|
|
26,471
|
|
|
26,471
|
|
| |
Moulds |
|
291,599
|
|
|
206,527
|
|
|
209,515
|
|
|
199,482
|
|
| |
|
|
408,993
|
|
|
295,831
|
|
|
310,680
|
|
|
283,729
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
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Net carrying amount |
|
|
|
$ |
113,162
|
|
|
|
|
$ |
26,951
|
|
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|
|
|
|
|
|
|
|
|
|
|
|
|
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Depreciation expense for nine- month period |
|
|
|
$ |
12,138
(August 31, 2018)
|
|
|
|
|
$ |
42,596
(August 31, 2017)
|
|
The Company deposited $180,000
with a vendor for supply of moulds. As of August 31, 2018, the vendor had not completed the manufacture and supply of these moulds.
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