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Note 4: Value of Business Acquired: Schedule of Value of Business Acquired (Tables)
12 Months Ended
Dec. 31, 2015
Tables/Schedules  
Schedule of Value of Business Acquired

 

December 31

2015

2014

Balance at beginning of year

 $      8,547,627

 $      8,680,845

Value of  business acquired

         1,473,272

         1,169,428

Imputed interest at 7%

           590,108

           591,412

Amortization

       (1,867,234)

       (1,894,058)

Net amortization charged to income

       (1,277,126)

       (1,302,646)

Balance at end of year

 $      8,743,773

 $      8,547,627