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16. Supplemental Disclosure With Respect To Cash Flows
12 Months Ended
Aug. 31, 2013
Notes  
16. Supplemental Disclosure With Respect To Cash Flows

16.          SUPPLEMENTAL DISCLOSURE WITH RESPECT TO CASH FLOWS

 

Certain cash payments for the years ended August 31, 2013 and 2012 are summarized as follows:

 

 

 

2013

 

2012

 

 

 

 

Cash paid during the year for:

 

 

 

  Interest

$             400

 

$               743

  Income taxes

$   2,076,812

 

$        520,000

 

 

There were no non-cash investing or financing activities during the years presented.

 

 

 

 

Additions

Deductions

 

 

 

Balance at

Charged to

Credited to

Deductions

 

 

Beginning

Costs and

Costs and

From

Balance at

 

of Year

Expenses

Expenses

Reserves

End of Year

 

August 31, 2013

 

 

 

 

 

 

 

 

 

 

 

Allowance deducted from related Balance sheet account:

 

 

 

 

 

  Inventory

$ 139,869

$              -

$             -

$     (5,610)

$  134,259

 

 

 

 

 

 

 

 

 

 

 

 

August 31, 2012

 

 

 

 

 

 

 

 

 

 

 

Allowance deducted from related Balance sheet account:

 

 

 

 

 

  Inventory

$ 204,860

$              -

$             -

$  (64,991)

$  139,869