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Consolidated Statements of Cash Flows (Unaudited) - USD ($)
3 Months Ended
Aug. 31, 2018
Aug. 31, 2017
Cash Flows from Operating Activities:    
Net income $ 764,908 $ 530,282
Adjustments to reconcile net income to net cash provided by operating activities -    
Depreciation and amortization 1,085,267 778,911
Deferred tax expense 331,600 203,800
Decrease in trade accounts receivable 479,605 3,731,179
Decrease (increase) in related party receivables (40,542) 36,828
Decrease (increase) in inventory 19,715 (1,241,534)
Decrease in prepaid expenses 40,462 76,983
Increase (decrease) in accounts payable and accrued liabilities 2,543,462 (2,023,966)
Decrease in deferred revenue (3,280,500)
Net cash provided by operating activities 1,943,977 2,092,483
Cash Flows from Investing Activities:    
Purchase of property and equipment (1,477,449) (1,977,498)
Cash Flows from Financing Activities:    
Proceeds from long-term debt 1,856,800 1,795,000
Payments on long-term debt and capitalized leases (1,101,336) (1,128,686)
Proceeds from revolving loan 1,000,000
Payments on revolving loan (1,300,000)
Payments on related party notes payable (61,887) (56,948)
Dividends paid on preferred stock (92,398)
Distributions paid by non-controlling interest (51,000) (51,000)
Net cash provided by financing activities 342,577 465,968
Net Increase in Cash 809,105 580,953
Cash, beginning of period 379,632 579,021
Cash, end of period 1,188,737 1,159,974
Non-cash Activities:    
Acquisition of equipment by capital lease 2,333,333
Capital expenditures in accounts payable 110,182
Preferred dividend accrual 102,945 31,849
Supplemental information:    
Interest paid $ 429,050 $ 295,836