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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
9 Months Ended
Apr. 30, 2016
Apr. 30, 2015
Cash Flows From Operating Activities:    
Net income $ 1,075,492 $ 1,189,547
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,223,036 1,287,067
Amortization of deferred charges 255,904 268,570
Realized (gain) loss on sale of marketable securities 36,999 (6,455)
(Gain) loss on dispositon of property and equipment (500) 27,648
Other assets - unbilled receivables 288,034 (26,720)
- deferred charges (63,105) (425,495)
Deferred income taxes 497,000 734,000
Deferred revenue (875,001) (875,001)
Changes in:    
Receivables 457,070 113,583
Income taxes refundable 162,399 (184,292)
Prepaid expenses 603,501 552,136
Accounts payable 56,361 (65,389)
Payroll and other accrued liabilities (588,570) (98,200)
Other taxes payable (1,536) (3,250)
Cash provided by operating activities 3,127,084 2,487,749
Cash Flows From Investing Activities:    
Capital expenditures (2,254,034) (1,398,110)
Security deposits (34,560) 29,711
Marketable securities:    
Receipts from sales or maturities 314,008 344,271
Payments for purchases (338,436) (376,967)
Cash (used) by investing activities (2,313,022) (1,401,095)
Cash Flows From Financing Activities:    
Increase - security deposits $ 32,261 29,285
Increase - mortgage debt 652,274
Mortgage and other debt payments $ (112,274) (99,173)
Cash provided (used) by financing activities (80,013) 582,386
Increase in cash and cash equivalents 734,049 1,669,040
Cash and cash equivalents at beginning of period 4,085,704 1,892,760
Cash and cash equivalents at end of period $ 4,819,753 $ 3,561,800