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Note 4: Value of Business Acquired: Schedule of Value of Business Acquired (Tables)
12 Months Ended
Dec. 31, 2012
Tables/Schedules  
Schedule of Value of Business Acquired

 

 December 31

2012

 

2011

 

2010

 Balance at beginning of year

$

10,996,050

$

8,996,134

$

10,231,755

 Value of  business acquired

48,190

3,145,116

(515,147)

 Imputed interest at 7%

728,880

701,349

674,463

 Amortization

(1,944,038)

(1,846,549)

(1,394,937)

 Net amortization charged to income

(1,215,158)

(1,145,200)

(720,474)

 Balance at end of year

$

9,829,082

$

10,996,050

$

8,996,134