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General form of registration statement for all companies including face-amount certificate companies

Courseware

v2.4.0.8
Courseware
3 Months Ended 12 Months Ended
Jul. 31, 2014
Apr. 30, 2014
Courseware [Abstract]    
Courseware

Note 5. Courseware


Courseware costs capitalized were $38,823 for the three months ended July 31, 2014.


Courseware consisted of the following at July 31, 2014 and April 30, 2014:


                 

 

 

July 31,

 

 

April 30,

 

 

 

2014

 

 

2014

 

Courseware

 

$

2,142,861

 

 

$

2,104,038

 

Accumulated amortization

 

 

(2,015,368

)

 

 

(1,995,156

)

Courseware, net

 

$

127,493

 

 

$

108,882

 


Amortization expense of courseware for the three months ended July 31, 2014 and 2013 was $20,212, and $30,471, respectively.


The following is a schedule of estimated future amortization expense of courseware at July 31, 2014:


         

Year Ending April 30,

 

 

 

2015

 

$

51,978