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(7) Long-Term Debt: Schedule of Long -term Debt (Tables)
12 Months Ended
Jun. 30, 2013
Tables/Schedules  
Schedule of Long -term Debt

 

 

 

2013

 

2012

 

6.44% promissory note secured by trust deed on real property, maturing January 2021, payable in monthly installments of $13,278

$

953,929

 

1,048,496

 

5.649% promissory note secured by building, maturing December 2017, payable in monthly installments of $16,985

 

808,326

 

961,196

 

Promissory note secured by a vehicle, payable in monthly installments of $639 through February 2019

 

43,449

 

          -

 

8.49% promissory note secured by equipment, payable in monthly installments of $2,097 through December 2014

 

35,332

 

56,515

 

14.305% promissory note secured by equipment, payable in monthly installments of $2,338 through May 2014

 

23,965

 

46,781

 

5.887% promissory note secured by a vehicle, payable in monthly installments of $390 through March 2017

 

15,970

 

19,284

 

5.75% promissory note secured by a vehicle, payable in monthly installments of $435 through October 2013

 

1,695

 

6,661

 

13.001% promissory note secured by equipment, payable in monthly installments of $70 through October 2015

 

1,683

 

2,263

 

6.21% promissory note secured by a trust deed on real property, maturing November 2013, payable in monthly installments of $7,240

 

-

 

108,243

 

4.75% promissory note secured by a vehicle, payable in monthly installments of $721 through May 2017

 

-

 

37,859

 

5.531% promissory note secured by a vehicle, payable in monthly installments of $482 through August 2016

 

-

 

21,460

 

10.15% promissory note secured by a vehicle, payable in monthly installments of $448 through December 2012

 

-

 

2,612

 

 

 

 

 

Total long-term debt

 

1,884,349

 

2,311,370

Less current portion

 

(322,573)

 

(395,055)

 

 

 

 

 

Long-term debt, net of current portion

$

1,561,776

 

1,916,315