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Long-term Debt and Fair Value Disclosure
3 Months Ended
Jul. 31, 2015
Long-Term Debt and Fair Value Disclosure [Abstract]  
Fair Value Disclosure
Long-Term Debt and Fair Value Disclosure
The fair value of the Company’s long-term debt is estimated based on the current rates offered to the Company for debt of the same or similar issues. The fair value of the Company’s long-term debt was approximately $887,000 at both July 31, 2015 and April 30, 2015.
Long-Term Debt Disclosure
The Company has an aggregate $100,000 line of credit with $0 outstanding at July 31, 2015 and April 30, 2015.