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CONDENSED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
May 31, 2016
May 31, 2015
CASH FLOWS FROM OPERATING ACTIVITIES: $ (1,106,900) $ 82,800
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (1,263,000) (118,900)
Net cash used in investing activities (1,263,000) (118,900)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Cash paid to acquire treasury stock 0 (200)
Cash received from sales of treasury stock 45,600 45,800
Borrowings under line of credit 10,627,700 300,000
Payments under line of credit (8,040,800) 0
Payments on long-term debt (149,600) 0
Dividends paid (366,300) (322,000)
Net cash provided by financing activities 2,116,600 23,600
NET DECREASE IN CASH AND CASH EQUIVALENTS (253,300) (12,500)
CASH AND CASH EQUIVALENTS—BEGINNING OF PERIOD 1,183,700 383,900
CASH AND CASH EQUIVALENTS—END OF PERIOD 930,400 371,400
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION:    
Cash paid for interest 216,500 15,800
Cash paid for income taxes $ 716,200 $ 71,500