Note 12 - Sales-type Leases

9 Months Ended

Aug. 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

August 31, 2018

are as follows:

	August 31, 2018
Minimum lease receivable, current	$	194,225
Unearned interest income, current		(51,983	)
Net investment in sales-type leases, current	$	142,242
Minimum lease receivable, long-term	$	211,777
Unearned interest income, long-term		(24,998	)
Net investment in sales-type leases, long-term	$	186,779

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

three

and

nine

months ended

August 31, 2018

was

$0

and

$129,104,

respectively.

Future minimum lease receipts are as follows:

Year Ending November 30,	Amount
2018	$	63,725
2019		174,000
2020		162,425
2021		5,852
2022		-
Thereafter		-
Total	$	406,002