v3.25.2
10. Income Taxes: Schedule of Components of Income Tax Expense (Benefit) (Tables)
12 Months Ended
May 31, 2025
Tables/Schedules  
Schedule of Components of Income Tax Expense (Benefit)

 

2025

 

2024

 

Current tax provision:

 

 

 

 

Federal

$2,204,000  

 

$2,365,000  

 

State

1,000  

 

1,000  

 

2,205,000  

 

2,366,000  

 

Deferred tax provision (benefit):

 

 

 

 

Federal

(585,000) 

 

(444,000) 

 

State

 

 

 

 

(585,000) 

 

(444,000) 

 

$1,620,000  

 

$1,922,000