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Note 4: Value of Business Acquired: Schedule of Value of Business Acquired (Tables)
 12 Months Ended
Dec. 31, 2016
Tables/Schedules  
Schedule of Value of Business Acquired

 

December 31

2016

2015

Balance at beginning of year

 $      8,743,773

 $      8,547,627

Value of  business acquired

                     -

         1,473,272

Imputed interest at 7%

             45,762

           590,108

Amortization

       (1,219,235)

       (1,867,234)

Net amortization charged to income

       (1,173,473)

       (1,277,126)

Balance at end of year

 $      7,570,300

 $      8,743,773