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Note 4: Value of Business Acquired: Schedule of Value of Business Acquired (Tables)
 12 Months Ended
Dec. 31, 2013
Tables/Schedules  
Schedule of Value of Business Acquired

 

 

 

 

 

 

December 31

 

 

 

 

 

 2013

 

 2012

 

 2011

 Balance at beginning of year

 

 

 $             9,829,082

 

 $    10,996,050

 

 $      8,996,134

 Value of  business acquired

 

 

                  192,035

 

             48,190

 

         3,145,116

 Imputed interest at 7%

 

 

                  647,848

 

           728,880

 

           701,349

 Amortization

 

 

              (1,988,120)

 

       (1,944,038)

 

       (1,846,549)

 Net amortization charged to income

 

 

              (1,340,272)

 

       (1,215,158)

 

       (1,145,200)

 Balance at end of year

 

 

 $             8,680,845

 

 $      9,829,082

 

 $    10,996,050