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Note 1 - Basis of Presentation: Recent Accounting Pronouncements (Policies)
9 Months Ended
Sep. 30, 2015
Policies  
Recent Accounting Pronouncements:

Recent Accounting Pronouncements:

 

In April 2015, the Financial Accounting Standards Board issued Accounting Standards Update 2015-03 “Imputation of Interest.” ASU 2015-03 applies to the presentation of debt issuance costs in financial statements. It requires debt issuance costs related to a recognized debt liability be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts.  The accounting standards update is required to be adopted in 2016; however, early adoption is permitted.  Retrospective application is required.  Management is currently evaluating the impact of this standard on its consolidated financial statements.