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LEASED PROPERTY (Tables)
9 Months Ended
Jan. 31, 2020
LEASED PROPERTY  
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]

 

 

 

 

Operating Lease

Fiscal Years Ending April 30,

Payments

2020

$

37,500

2021

 

154,000

2022

 

166,000

2023

 

178,000

2024

 

124,000

Total

$

659,500

 

 

 

 

Schedule of Property Subject to or Available for Operating Lease [Table Text Block]

 

 

 

 

 

 

 

 

    

January 31, 2020

    

April 30, 2019

Land

 

$

265,000

 

$

265,000

Buildings and improvements

 

 

1,000,000

 

 

1,000,000

 

 

 

1,265,000

 

 

1,265,000

Less accumulated depreciation

 

 

(702,000)

 

 

(659,000)

Net leased property

 

$

563,000

 

$

606,000