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Stockholders' Equity (Tables)
6 Months Ended
Jan. 31, 2016
Schedule of Change in Retained Earnings

The components of the change in retained earnings are as follows:

 

Balance as of July 31, 2015

   $ 1,172,432   

Net income

     95,165   

Dividends declared and paid

     (31,485
  

 

 

 

Balance as of January 31, 2016

   $ 1,236,112