Note 12 - Sales-type Leases

3 Months Ended

Feb. 28, 2018

Notes to Financial Statements

Capital Leases in Financial Statements of Lessor Disclosure [Text Block]

12 ) Sales-type leases

The components related to sales-type leases at

February 28, 2018

and

November 30, 2017

are as follows:

	February 28, 2018			November 30, 2017
Minimum lease receivable, current	$	176,925		$	-
Unearned interest income, current		(57,413	)		-
Net investment in sales-type leases, current		119,512			-
Minimum lease receivable, long-term		298,777			-
Unearned interest income, long-term		(42,834	)		-
Net investment in sales-type leases, long-term	$	255,943		$	-

The profit recognized in continuing operations on the condensed consolidated statements of operations from commencement of sales-type leases in the

three

months ended

February 28, 2018

was

$129,104

compared to

$0

from the same period in

2017.

Future minimum lease receipts are as follows:

Year Ending November 30,	Amount
2018	$	133,425
2019		174,000
2020		162,425
2021		5,852
2022		-
Thereafter		-
Total	$	475,702