Accumulated Other Comprehensive Income

9 Months Ended

Apr. 30, 2016

Accumulated Other Comprehensive Income: [Abstract]

Accumulated Other Comprehensive Income:

12.	Accumulated Other Comprehensive Income:
	The only component of accumulated other comprehensive income is unrealized gains (loss) on available-for-sale securities. A summary of the changes in accumulated other comprehensive income for the three and nine months ended April 30, 2016 and 2015 is as follows:

	Three Months Ended						Nine Months Ended
	April 30						April 30
	2016			2015			2016			2015
	(Unaudited)			(Unaudited)			(Unaudited)			(Unaudited)
Beginning balance, net of tax effect	$	142,579		$	158,751		$	196,033		$	129,412
Other comprehensive income, net of tax effect:
Unrealized gains (loss) on available-for-sale
securities		66,213			31,369			(15,241	)		83,708
Tax effect		(23,000	)		(14,000	)		5,000			(37,000	)
Unrealized gains (loss) on available-for-sale
securities, net of tax effect		43,213			17,369			(10,241	)		46,708
Ending balance, net of tax effect	$	185,792		$	176,120		$	185,792		$	176,120