Note 1: Nature of Operations and Summary of Significant Accounting Policies Back To Table of Contents: Impairment of Long-lived Assets (Policies)

12 Months Ended

Dec. 31, 2016

Policies

Impairment of Long-lived Assets

Impairment of long-lived assets

Long-lived assets held and used by the Company are reviewed for impairment whenever events or changes in circumstances indicate that the carrying amount of the assets may not be recoverable. In the event that the sum of the

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expected future undiscounted cash flows expected to be generated by the long-lived assets is less than the carrying amount of such assets, an impairment charge would be recognized and the assets would be written down to their estimated fair values. During the years ended 2016 and 2015, no impairment indicators have been identified.