Quarterly report pursuant to Section 13 or 15(d)

Long-Term Debt (Tables)

v3.5.0.2
Long-Term Debt (Tables)
6 Months Ended
Jun. 30, 2016
Long-Term Debt [Abstract]  
Schedule of long term debt
    June 30, 2016  
         
  8.0%, Hitachi Capital, payable $631.13 monthly beginning September 2015 through August 2019, secured by delivery equipment with a book value of $29,508   $ 21,124  
           
  3.5%, Wells Fargo Equipment Finance, payable $518.96 monthly beginning April 2016 through March 2021, secured by warehouse equipment with a book value of $28,527     26,776  
           
  10.926%, RMT Equipment, payable 1154.79 monthly beginning June 2016 through October 2018, security be delivery equipment with a book value of $37,523     28,042  
           
      $ 75,942  
  Less Current Maturities     (22,789 )
  Total Long-Term Debt   $ 53,153  
Schedule of expected debt payments
  Twelve Months Ending June 30,   Total
Payment
    Allocated to
Principal
 
  2017   $ 27,778     $ 22,789  
  2018     27,778       24,795  
  2019     17,646       17,149  
  2020     9,383       9,012  
  2021     2,259       2,197  
      $ 84,844     $ 75,942