At May 31, 2015, the Company had accrued liabilities of $145,700, of which $59,500 was for estimated property taxes, $42,300 was for professional fees, $2,000 was for farm lease prepayments, and $41,900 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.