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Stockholders' Equity (Tables)
3 Months Ended
Oct. 31, 2016
Schedule of Change in Retained Earnings

The components of the change in retained earnings are as follows:

 

Balance as of July 31, 2016

   $  1,365,981   

Net income

     78,745   

Dividends declared but not paid

     (17,352
  

 

 

 

Balance as of October 31, 2016

   $ 1,427,374