Right of Use Lease Liabilities (Tables)

3 Months Ended

Mar. 31, 2019

Notes to Financial Statements

Schedule of lease liabilities associated with future payments due under the leases

Total present value of future lease payments	$	119,640
Principal payments made as of the quarter ended March 31, 2019		(49,173	)
Total right of use lease liabilities as of March 31, 2019	$	70,467

Schedule of future minimum lease payments under the right of use lease agreements

Total future minimum lease payments	$	76,086
Less present value discount		5,619
Total right of use lease liabilities as of June 30, 2018		70,467
Less current portion due within one year		54,162
Long-term right of use liabilities	$	16,305

Schedule of maturities of lease liabilities

	Total future				Right
	minimum lease		Present value		of use lease
	payments		discount		liabilities
2020	$	58,431	$	4,269	$	54,162
2021		14,731		1,126		13,605
2022		2,924		224		2,700
	$	76,086	$	5,619	$	70,467