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7. INTEREST AND TAXES PAID
6 Months Ended
Jun. 30, 2013
Other Income and Expenses [Abstract]  
NOTE 7. INTEREST AND TAXES PAID

Income taxes – The Company paid $137,300 and $80,000 in income taxes for the three months ended June 30, 2013 and 2012, respectively.  The Company paid $224,700 and $80,000 in income taxes for the six months ended June 30, 2013 and 2012, respectively.

 

Interest - The Company paid $63,866 and $42,668 for the three months ended June 30, 2013 and 2012, respectively, in interest on the long-term debt and revolving credit line.  The Company paid $123,208 and $81,788 for the six months ended June 30, 2013 and 2012, respectively, in interest on the long-term debt and revolving credit line.