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Annual report pursuant to Section 13 and 15(d)

Courseware

v3.2.0.727
Courseware
 12 Months Ended
Apr. 30, 2015
Courseware [Abstract]  
Courseware

Note 6. Courseware


Courseware costs capitalized were $143,752 and $6,500 for the years ended April 30, 2015 and 2014, respectively.


Courseware consisted of the following at April 30, 2015 and 2014:


April 30,

2015

  

2014 

 

 

 

 

  

Courseware

 $ 2,247,790     $ 2,104,038  

Accumulated amortization

     (2,074,479 )     (1,995,156 )

Courseware, net

   $ 173,311     $ 108,882  


Amortization expense of courseware for years ended April 30, 2015 and 2014:


For the Years Ended

  

April 30,

  
   

2015

    

2014 

 

 

 

 

  
                         

Amortization Expense

                   $ 79,323     $ 105,713  


The following is a schedule of estimated future amortization expense of courseware at April 30, 2015:


Year Ending April 30,

  

2016

 $ 57,780  

2017

   39,146  

2018

     31,057  

2019

     29,584  

2020

     15,744  

Total

   $ 173,311