XML 19 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Cash Flows From Operating Activities    
Net income $ 1,092,302 $ 928,889
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 417,899 414,472
(Increase) Decrease in deferred income tax (35,600) 21,300
Loss on disposal of fixed assets 5,248 1,551
Decrease in accounts receivable 21,066 1,589
(Increase) Decrease in inventory 206 (787)
(Increase) Decrease in prepaid income taxes 156,200 (156,200)
Decrease in prepaid expenses 3,769 5,291
Increase in accounts payable and accrued liabilities 1,268 41,843
Increase in accrued salaries and vacation 40,403 1,253
Increase in rental deposits 148,294 79,401
Increase (Decrease) in income taxes payable 52,600 (50,700)
Total adjustments 811,353 359,013
Net cash provided by operating activities 1,903,655 1,287,902
Cash Flows From Investing Activities    
Proceeds from sale of fixed assets 21,811
Capital expenditures (339,329) (288,045)
Net cash used in investing activities (317,518) (288,045)
Cash Flows from Financing Activities    
Redemption of stock (216,000)
Principal payments on note payable (1,431,890) (446,149)
Principal payments on capital lease obligations (39,857) 43,155
Acquisition of capital lease assets 80,706
Net cash used in financing activities (1,391,041) (618,994)
Net increase in cash and cash equivalents 195,096 380,863
Cash and Cash Equivalents – Beginning of Year 2,616,670 2,235,807
Cash and Cash Equivalents – End of Year 2,811,766 2,616,670
Schedule of Payments of Interest and Taxes    
Cash paid for income tax 860,000 860,000
Cash paid for interest $ 64,242 $ 99,437