兼职学生, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

Courseware

Courseware

12 Months Ended

Apr. 30, 2014

Note 6. Courseware

Courseware costs capitalized were $6,500 and $25,300 for the years ended April 30, 2014 and December 31, 2012, respectively. No courseware costs were capitalized for the fours month ended April 30, 2013 and courseware costs of $8,200 were capitalized during the four months ended April 30, 2012.

Courseware consisted of the following at April 30, 2014, and 2013:


	April 30,			April 30,
	2014			2013

Courseware	$	2,104,038		$	2,097,538
Accumulated amortization		(1,995,156	)		(1,889,443	)
Courseware, net	$	108,882		$	208,095

Amortization expense for courseware for the years ended April 30, 2014, and December 31, 2012, and four months ended April 30, 2013 and 2012, were $105,713, $141,560, $45,476, and $48,094 respectively.

Estimated future amortization expense of course curricula as of April 30, 2014 is as follows:


Year Ending April 30,
2015	$	66,317
2016		29,030
2017		10,396
2018		2,306
2019		833
Total	$	108,882