Note 12 - Sales-type Leases

12 Months Ended

Nov. 30, 2019

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

November 30, 2019

and

2018

are as follows:

	November 30, 2019			November 30, 2018
Minimum lease receivable, current	$	162,425		$	159,500
Unearned interest income, current		(14,420	)		(36,445	)
Net investment in sales-type leases, current	$	148,005		$	123,055
Minimum lease receivable, long-term	$	5,851		$	168,277
Unearned interest income, long-term		(69	)		(14,490	)
Net investment in sales-type leases, long-term	$	5,782		$	153,787

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

2018

fiscal year was

$426,542.

There was

no

sales activity related to sales-type leases for the

2019

fiscal year.

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

Year Ending November 30,	Amount
2020		162,425
2021		5,851
Total	$	168,276