Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

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Consolidated Statements of Cash Flows - USD ($)
9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Cash flow from operating activities:    
Net income $ 184,870 $ 205,680
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization expenses 122,064 91,082
Non-cash interest expense 5,533 $ 6,144
Non-cash professional expenses 146,682
Bad debt expense (81,761) $ 762
(Increase) decrease in assets:    
Accounts receivable, net (29,786) $ (26,342)
Other current assets (6,325)
Deposits 8,662
(Decrease) increase in liabilities:    
Accounts payable and accrued expenses 46,125 $ 19,837
Income taxes payable 94,045
Net cash provided by operating activities 490,109 $ 297,163
Cash flows from investing activities:    
Purchases of property and equipment (35,594) $ (30,131)
Purchase of intangible assets (24,272)
Net cash used in investing activities (59,866) $ (30,131)
Cash flows from financing activities:    
Payments on capital lease obligation $ (15,581)
Advances from shareholder $ 8,100
Payments on loan from shareholder $ (51,790) (184,881)
Net cash provided by financing activities (67,371) (176,781)
Net increase (decrease) in cash 362,872 90,251
Cash, beginning of period 108,642 57,447
Cash, end of period 471,514 $ 147,698
Supplemental disclosure of cash flow information:    
Cash paid during the year for interest $ 19,988
Cash paid during the year for income taxes
Supplemental schedule of non-cash activities:    
Issuances of shares for professional services $ 6,200
Issuances of shares subscribed for deposit on landfill 225,000
Issuances of shares or shares subscribed for professional services $ 146,682