Acquisition of the business of Seastone of Delray (Tables)

6 Months Ended

Jun. 30, 2017

Acquisition Of Business Of Seastone Of Delray Tables

Schedule of acquisition of the business of Seastone of Delray

The assets acquired were as follows:

	Amount
Purchase price paid:
Cash paid to seller	$	2,960,000
Deposits previously paid to seller		110,000
Mortgage liability funds		3,000,000
		6,070,000
Assets acquired:
Property		4,410,000
Furniture and fixtures		80,000
Intangibles - to be classified		1,438,525
Receivables		141,475
	$	6,070,000