Rendering
Component: (Network and Table) |
---|
Network | 00000014 - Disclosure - Income Taxes (Tables) (http://blke/role/IncomeTaxesTables) |
Table | (Implied) |
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis] | 0001074871 (http://www.sec.gov/CIK) |
Income Tax Disclosure [Abstract] | Period [Axis] |
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2015-07-01 - 2016-06-30 |
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Income Tax Disclosure [Abstract] | |
Schedule of Deferred Tax Assets and Liabilities |
|
|
Deductible |
|
|
|
|
|
Deferred
Tax Asset |
|
Amount |
|
Rate |
|
|
Tax |
Net Operating Loss Carryforward |
|
|
|
|
|
|
|
|
Federal |
|
215,170 |
|
34 |
% |
|
|
73,158 |
Temporary Differences |
|
|
|
|
|
|
|
|
Related
Party Interest |
|
62,671 |
|
34 |
% |
|
|
21,308 |
Valuation Allowance |
|
|
|
|
|
|
|
(94,466) |
Deferred Tax Asset |
|
|
|
|
|
|
$ |
— |
|
Schedule of Effective Income Tax Rate Reconciliation |
|
|
Years
ended June 30, |
|
|
|
2016 |
|
|
2015 |
|
Federal Statutory Income Tax Rate |
|
34 |
% |
|
34 |
% |
Non-deductible Expenses |
|
(16 |
%) |
|
(16 |
%) |
Valuation Allowance |
|
(18 |
%) |
|
(18 |
%) |
Effective income tax
rate |
|
0 |
% |
|
0 |
% |
|
Summary of Income Tax Contingencies |
Balance
as of July 1, 2015 |
$ |
0.00 |
Additions based on tax positions related to
the current year |
|
0.00 |
Reductions for tax
positions of prior years |
|
0.00 |
Reductions due to expiration
of statute of limitations |
|
0.00 |
Settlements with taxing
authorities |
|
0.00 |
Balance as of June 30, 2016 |
$ |
0.00 |
|