桃汁影院, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Courseware

Courseware

6 Months Ended

Oct. 31, 2017

Goodwill and Intangible Assets Disclosure [Abstract]

Note 4. Courseware

Courseware costs capitalized were $25,100 and $6,550 for the six months ended October 31, 2017 and 2016 respectively. When Courseware becomes fully amortized it is written off against the accumulated amortization. There is no expense impact to these write-offs.

Courseware consisted of the following at October 31, 2017 and April 30, 2017:


	October 31,			April 30,
	2017			2017
Courseware	$	279,677		$	271,777
Accumulated amortization		(136,423	)		(126,300	)
Courseware, net	$	143,254		$	145,477

Amortization expense of courseware for the three and six months ended October 31, 2017 and 2016:


	For the				For the
	Three Months Ended October 31,				Six Months Ended October 31,
	2017		2016		2017		2016

Amortization Expense	$	13,686	$	15,099	$	27,323	$	31,001

The following is a schedule of estimated future amortization expense of courseware at October 31, 2017:


Year Ending April 30,
2018	$	27,494
2019		54,489
2020		40,647
2021		13,683
2022		6,941
Total	$	143,254