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Long Term Debt

6 Months Ended

Aug. 31, 2017

Notes to Financial Statements

Long Term Debt

NOTE 8: LONG TERM DEBT

Long-term debt consists of the following:

		August 31,				February 28,
		2017				2017
Note payable, bank, collateralized by land and buildings, payable in monthly installments of principal and interest of $16,358 through January 2024.  Interest rate 4.15%.  10-year term.			1,102,089				1,176,348
Total long-term debt			1,102,089				1,176,348
Due within one year			152,848				149,698
Due after one year		$	949,241			$	1,026,650

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- Definition

The entire disclosure for long-term debt.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 470
-URI http://asc.fasb.org/topic&trid=2208564

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