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Annual report pursuant to section 13 and 15(d)

6. Courseware (Tables)

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6. Courseware (Tables)
12 Months Ended
Dec. 31, 2012
Courseware Tables  
Intangible Assets

Courseware consisted of the following at December 31, 2012 and 2011:

 

`   December 31, 2012     December 31, 2011  
Courseware   $ 2,097,538     $ 2,072,238  
Accumulated amortization     (1,843,967 )     (1,702,407 )
Courseware, net   $ 253,571     $ 369,831  

 

Capitalized cost

Courseware consisted of the following at December 31, 2012 and 2011:

 

`   December 31, 2012     December 31, 2011  
Courseware   $ 2,097,538     $ 2,072,238  
Accumulated amortization     (1,843,967 )     (1,702,407 )
Courseware, net   $ 253,571     $ 369,831