XML 16 R5.htm IDEA: XBRL DOCUMENT v3.23.2
Consolidated Statements of Cash Flows - USD ($)
6 Months Ended
May 31, 2023
May 31, 2022
Operating activities    
Net Income $ 161,848 $ 156,806
Adjustments to reconcile net income to cash flows provided by operating activities:    
Depreciation and amortization 1,845 2,594
Deferred tax expense (benefit) (25,823) 33,500
Provision for uncollectible accounts, net of recoveries 0 (1,028)
Noncash lease expense 49,655 49,656
Changes in:    
Trade accounts receivable and notes/lease receivable 17,538 10,421
Marketing fund contributions receivable (9,555) (3,791)
Prepaid expenses and other 68,496 1,053
Accounts payable 8,255 (8,490)
Accrued liabilities 20,783 (25,793)
Unexpended marketing fund contributions 68,490 111,140
Deferred revenue 32,218 18,885
Operating lease liability (58,940) (57,616)
Net Cash Provided by Operating Activities 334,810 287,337
Investing activities    
Purchase of equipment 0 (41,700)
Net Cash Used In Investing Activities 0 (41,700)
Financing activities    
Cash distributions/dividends (217,905) (145,270)
Net Cash Used In Financing Activities (217,905) (145,270)
Net Increase in Cash and Restricted Cash 116,905 100,367
Cash and Restricted Cash - Beginning of Period 1,902,661 2,058,158
Cash and Restricted Cash - End of Period 2,019,566 2,158,525
Supplemental disclosure of cash flow information:    
Interest paid 0 0
Income taxes paid $ 7,500 $ 38,100