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Note 13: Subsequent Events
9 Months Ended
Mar. 31, 2017
Notes  
Note 13: Subsequent Events

Note 13:  Subsequent Events

 

On April 30, 2017, our branch facility located in Doniphan, Missouri, was affected by record flooding experienced on the Current River. Costs to repair the facility have not yet been quantified, but are expected to be known and recorded in the fourth quarter of our 2017 fiscal year. The building is carried at a net book value of $450,000, while equipment and furnishings are carried at a net book value of $36,000. The Company does not maintain flood insurance coverage on the facility or equipment.