Note 13 - Sales-type Leases

9 Months Ended

Aug. 31, 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

August 31, 2019

and

November 30, 2018

are as follows:

	August 31, 2019			November 30, 2018
Minimum lease receivable, current	$	174,000		$	159,500
Unearned interest income, current		(21,476	)	$	(36,445	)
Net investment in sales-type leases, current		152,524			123,055
Minimum lease receivable, long-term		37,777		$	168,277
Unearned interest income, long-term		(924	)	$	(14,490	)
Net investment in sales-type leases, long-term	$	36,853		$	153,787

Gross revenue recognized in sales from continuing operations on the Consolidated Statements of Operations from commencement of sales-type leases for the

three

and

nine

months ended

August 31, 2019

was

$

0

for both periods compared to

$0

and

$426,542

for the same periods in fiscal

2018.

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

Year Ending November 30,	Amount
2019	$	43,500
2020		162,426
2021		5,851
Total	$	211,777