NOTE 11 – ACCRUED LIABILITIES
Accrued liabilities at December 31 are summarized as follows: |
|
2011 |
|
|
2010 |
|
Accrued state taxes |
|
$ |
187,622 |
|
|
$ |
109,779 |
|
Accrued payroll |
|
|
1,129,712 |
|
|
|
656,139 |
|
Accrued officers' compensation |
|
|
423,000 |
|
|
|
- |
|
Accrued environmental costs (Note 13) |
|
|
350,000 |
|
|
|
350,000 |
|
Accrued federal income taxes |
|
|
314,980 |
|
|
|
170,370 |
|
Other liabilities |
|
|
539,156 |
|
|
|
491,354 |
|
Total |
|
$ |
2,944,470 |
|
|
$ |
1,777,642 |
|
|