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5) Value of Business Acquired and Goodwill: Schedule of Value of Business Acquired (Tables)
12 Months Ended
Dec. 31, 2018
Tables/Schedules  
Schedule of Value of Business Acquired

 

 

 

December 31

 

 

2018

 

2017

 

Balance at beginning of year

 

 $      6,588,759

 

 $      7,570,300

 

Value of  business acquired

 

                     -

 

                     -

 

Imputed interest at 7%

 

           421,122

 

             39,767

 

Amortization

 

       (1,244,691)

 

       (1,021,308)

 

Net amortization charged to income

 

          (823,569)

 

          (981,541)

 

Balance at end of year

 

 $      5,765,190

 

 $      6,588,759