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INCOME TAXES
3 Months Ended
Mar. 31, 2013
INCOME TAXES [Abstract]  
INCOME TAXES
NOTE8 — INCOME TAXES:
 
The Company's interim provision for income taxes is measured using an estimated annual effective tax rate of 35.1% based on the 2012 statements.  As per IRS rules, only 90% of the taxable income can be offset by NOLs, and therefore 3.5%, or $17,043, was added to accrued expenses, 35.1%, or $170,430, was expensed, and the balance of 31.6%, or $153,387, reduced the carrying value of the deferred tax asset for the three months ended March 31, 2013.