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(8) Long-Term Debt: Schedule of Long -term Debt (Tables)
12 Months Ended
Jun. 30, 2017
Tables/Schedules  
Schedule of Long -term Debt

 

 

 

 

2017

 

2016

 

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

$

508,633

$

630,901

 

5.99% promissory note secured by a vehicle, payable in monthly installments of $833 through December 2020

 

31,500

 

39,355

 

Promissory note secured by a vehicle, payable in monthly installments of $639, paid in full

 

-

 

20,218

 

6.04% promissory note secured by copier equipment, payable monthly installments of $851 through February 2022

 

43,989

 

-

 

3.99% promissory note secured by equipment, payable in monthly installments of $247 through February 2023

 

14,822

 

-

 

3.97% promissory note  secured by equipment, payable in monthly installments of $242 through February 2021

 

9,878

 

-

 

7.56% promissory note  secured by copier equipment, payable in monthly installments of $166 through February 2020

 

4,792

 

-

 

 

 

 

 

 

 

 

 

 

 

 

 

613,614

 

690,474

Less current portion

 

(151,808)

 

(137,283)

 

 

 

 

 

 

$

461,806

$

553,191