Year Ending December 31 | Amount | |||
2014 | $ | 103,778 | ||
2015 | 103,778 | |||
2016 | 34,593 | |||
Total minimum lease payments | 242,149 | |||
Less: interest payments | (28,219) | |||
PV of minimum capital lease payments | 213,930 | |||
Less: Current obligations under sales lease back | ( 85,336 ) | |||
Long term sales lease back obligation | $ | 128,594 |