Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
 3 Months Ended
Feb. 29, 2016
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 30% declining balance method
  Furniture and Fixtures 30% declining balance method
  Leasehold Improvements   straight line over period of lease
  Moulds 20% straight line over 5 years

    February 29, 2016     November 30, 2015  
          Accumulated           Accumulated  
    Cost     Amortization     Cost     Amortization  
    $     $     $     $  
Computer equipment   37,573     34,715     37,573     34,483  
Furniture and fixtures   18,027     16,205     18,027     16,057  
Leasehold Improvements   23,721     17,018     23,721     16,244  
Moulds   209,515     135,516     209,515     125,041  
    288,836     203,454     288,836     191,825  
                         
Net carrying amount $       85,382   $       97,011  
                         
Depreciation expense $       11,629 (3 months)           47,165 (12 months)