Quarterly report pursuant to Section 13 or 15(d)

ACQUISITION (Tables)

v3.19.2
ACQUISITION (Tables)
6 Months Ended
Jun. 30, 2019
Business Combinations [Abstract]  
Business Combinations
The purchase price calculation is a follows:
Cash $ 2,088,814 
Liabilities 237,032 
$ 2,325,846 
The following table summarizes the preliminary estimated fair value of the assets acquired and liabilities assumed at the date of purchase:
Accounts receivable $ 308,431 
Inventory 1,123,922 
Intangibles and goodwill 1,268,930 
Accounts payable (114,187)
Accrual liabilities (261,250)
$ 2,325,846