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

 

 

 

 

Operating Lease

Fiscal Years Ending April 30,

Payments

2021

$

117,000

2022

 

166,000

2023

 

178,000

2024

 

124,000

Total

$

585,000

 

 

 

 

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

 

 

 

 

 

 

 

 

    

July 31, 2020

    

April 30, 2020

Land

 

$

265,000

 

$

265,000

Buildings and improvements

 

 

1,000,000

 

 

1,000,000

 

 

 

1,265,000

 

 

1,265,000

Less accumulated depreciation

 

 

(730,000)

 

 

(707,000)

Net leased property

 

$

535,000

 

$

558,000