Note 13 - Sales-type Leases

3 Months Ended

Feb. 28, 2019

Notes to Financial Statements

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

13 ) Sales-Type Leases

The components related to sales-type leases at

February 28, 2019

and

November 30, 2018

are as follows:

	February 28, 2019			November 30, 2018
Minimum lease receivable, current	$	185,575		$	159,500
Unearned interest income, current		(38,081	)		(36,445	)
Net investment in sales-type leases, current	$	147,494		$	123,055
Minimum lease receivable, long-term	$	124,777		$	168,277
Unearned interest income, long-term		(8,220	)		(14,490	)
Net investment in sales-type leases, long-term	$	116,557		$	153,787

Gross revenue recognized in sales from continuing operations on the consolidated statements of operations from commencement of sales-type leases for the

first

quarter of fiscal

2019

was

$0

compared to

$426,542

for the

first

quarter of fiscal

2018.

Future minimum lease receipts from sales-type leases are as follows:

Year Ending November 30,	Amount
2019	$	142,075
2020		162,425
2021		5,852
Total	$	310,352