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CAPTIAL LEASE OBLIGATIONS
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6 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2014
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| Notes to Financial Statements | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| CAPTIAL LEASE OBLIGATIONS |
Capital lease obligations consisted of the following at:
The capital lease obligation – office furniture requires 30 monthly payments of $3,641, including interest at 10.2%, through September 2016.
The capital lease obligation – leasehold improvements requires 60 monthly payments of $2,879, including 5.5% interest, through May 2019.
The capital leases cover furniture and leasehold improvements located at our corporate headquarters in Las Vegas, NV. Annual requirements for capital leases obligations are as follows:
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