Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

Dec. 31, 2017

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

	2017		2016
	Amount	%	Amount	%
Expected tax at U.S. statutory rate…………	$  838,000	34. 0	$  1,206,000	34.0
Impact of the Act……………………………..	(432,000)	(17.5)	0	0
Permanent differences………………………	(39,000)	(1.6)	(49,000)	(1.4)
State taxes, net of federal benefit………….	20,000	0.8	34,000	1.0
Income tax expense…………………………	$  387,000	15.7	$    1,191,000	33.6