3 - Income Taxes: Schedule of Effective Income Tax Rate Reconciliation (Tables)

12 Months Ended

Dec. 31, 2018

Tables/Schedules

Schedule of Effective Income Tax Rate Reconciliation

	2018		2017
	Amount	%	Amount	%
Expected tax at U.S. statutory rate…………	$     537,000	21.0	$     838,000	34.0
Impact of the Act……………………………..	0	0	(432,000)	(17.5)
Permanent differences………………………	2,000	0.1	(39,000)	(1.6)
State taxes, net of federal benefit………….	16,000	0.6	20,000	0.8
Income tax expense…………………………	$     555,000	21.7	$    387,000	15.7