At February 28, 2015, the Company had accrued liabilities of $97,300, of which $23,600 was for estimated property taxes, $2,000 was for farm lease prepayments, and $71,700 was for operating payables.

At August 31, 2014, the Company had accrued liabilities of $257,900, of which $99,700 was for estimated property taxes, $59,500 was for professional fees, $22,400 was for farm lease prepayments, and the remaining $76,300 was for operating payables.