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Note 13: Subsequent Events | 9 Months Ended
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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.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 855 -URI http://asc.fasb.org/topic&trid=2122774 + Details
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