Annual report pursuant to Section 13 and 15(d)

VALUATION AND QUALIFYING ACCOUNTS

v3.8.0.1
VALUATION AND QUALIFYING ACCOUNTS
12 Months Ended
Dec. 31, 2017
VALUATION AND QUALIFYING ACCOUNTS [Abstract]  
VALUATION AND QUALIFYING ACCOUNTS
VALUATION AND QUALIFYING ACCOUNTS
Three years ended December 31, 2017

Description
 
Beginning
balance
   
Charged
(credited)
to earnings
   
Deductions
   
Ending
balance
 
ALLOWANCE FOR DEFERRED
  TAX ASSET
                       
                         
December 31, 2015
   
376,037
     
-
     
-
     
376,037
 
December 31, 2016
   
376,037
     
-
     
-
     
376,037
 
December 31, 2017
   
376,037
     
(150,415
)
   
-
     
225,622
 


Description
 
Beginning
balance
   
Charged
to earnings
   
Deductions
   
Ending
balance
 
ALLOWANCE FOR DOUBTFUL
  ACCOUNTS
                       
                         
December 31, 2015
   
210,000
     
-
     
-
     
210,000
 
December 31, 2016
   
210,000
     
183,339
     
(93,339
)
   
300,000
 
December 31, 2017
   
300,000
     
-
     
-
     
300,000