Stockholders' Equity (Tables)

9 Months Ended

Apr. 30, 2015

Schedule of Change in Retained Earnings

The components of the change in retained earnings are as follows:

Balance as of July 31, 2014	$	1,030,428
Net income		130,418
Dividends declared and paid		(43,237	)
Balance as of April 30, 2015	$	1,117,609