Note 12 - Sales-type Leases

6 Months Ended

May 31, 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

May 31, 2018

and

November 30, 2017

are as follows:

	May 31, 2018			November 30, 2017
Minimum lease receivable, current	$	174,000		$	-
Unearned interest income, current		(53,458	)		-
Net investment in sales-type leases, current		120,542			-
Minimum lease receivable, long-term		263,927			-
Unearned interest income, long-term		(34,488	)		-
Net investment in sales-type leases, long-term	$	229,439		$	-

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

three

and

six

months ended

May 31, 2018

was

$0

and

$129,104

respectively, compared to

$0

and

$0

from the same periods in

2017.

Future minimum lease receipts are as follows:

Year Ending November 30,	Amount
2018	$	98,575
2019		174,000
2020		162,425
2021		2,927
2022		-
Thereafter		-
Total	$	437,927