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Receivables:
12 Months Ended
Dec. 26, 2015
Receivables:  
Receivables:

5.Receivables:

 

The Company’s current receivables consisted of the following:

 

 

 

December 26, 2015

 

December 27, 2014

 

Trade

 

$

7,600 

 

$

18,000 

 

Royalty

 

1,242,800 

 

1,198,000 

 

Other

 

166,500 

 

112,200 

 

 

 

 

 

 

 

 

 

$

1,416,900 

 

$

1,328,200 

 

 

 

 

 

 

 

 

 

 

The activity in the allowance for doubtful accounts for trade receivables is as follows:

 

 

 

December 26, 2015

 

December 27, 2014

 

December 28, 2013

 

Balance at beginning of year

 

$

1,600

 

$

4,300

 

$

17,300

 

Provisions charged to expense

 

1,500

 

(200

)

(3,800

)

Deductions for amounts written-off

 

(2,900

)

(2,500

)

(9,200

)

 

 

 

 

 

 

 

 

Balance at end of year

 

$

200

 

$

1,600

 

$

4,300

 

 

 

 

 

 

 

 

 

 

 

 

 

As part of its normal operating procedures, the Company requires Standby Letters of Credit as collateral for a portion of its trade receivables.