Stockholders' Equity (Tables)

3 Months Ended

Oct. 31, 2015

Schedule of Change in Retained Earnings

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

Balance as of July 31, 2015	$	1,172,432
Net income		50,497
Dividends declared and paid		(15,743	)
Balance as of October 31, 2015	$	1,207,186