The Impact of COVID-19 on our Results and Operations (Tables)

3 Months Ended

Oct. 31, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of Allowance for Uncollectible Receivables

Activity in the allowance for uncollectible receivables and bad debt expense for each period follows:

	Allowance for
	Uncollectible
	Accounts Receivable					Bad Debt Expense
	Period Ended					Three Months Ended
	October 31		July 31			October 31
	2021		2021			2021		2020
Beginning balance	$	318,000	$	82,000		$	–	$	–
Charge-offs		63,000		254,000			207,604		–
Recoveries		–		(18,000	)		–		(18,000	)
Ending balance	$	381,000	$	318,000		$	207,604	$	(18,000	)

Schedule of property and equipment depreciation and amortization period

Property and equipment are stated at cost. Depreciation is calculated using the straight-line method and the declining-balance method. Amortization of improvements to leased property is calculated over the life of the lease. Lives used to determine depreciation and amortization are generally as follows:

Buildings and improvements	18-40 years
Improvements to leased property	3-10 years
Fixtures and equipment	7-12 years
Other	3-5 years