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

Income taxes – The Company paid $327,000 and $158,000 in income taxes for the three months ended September 30, 2013 and 2012, respectively.  The Company paid $551,700 and $238,000 in income taxes for the nine months ended September 30, 2013 and 2012, respectively.

 

Interest - The Company paid $61,635 and $86,180 for the three months ended September 30, 2013 and 2012, respectively, in interest on the long-term debt and revolving credit line.  The Company paid $184,843 and $167,969 for the nine months ended September 30, 2013 and 2012, respectively, in interest on the long-term debt and revolving credit line.