Entity information:
3.  INCOME TAXES
 
The differences between financial statement basis and tax basis of assets and liabilities at September 30, 2017 and 2016 are as follows:
 
2017
 
2016
Financial statement basis of assets
$
159,171,996

 
$
153,929,172

Organization and start-up costs
1,976,610

 
1,976,610

Book to tax depreciation and amortization
(83,107,561
)
 
(83,786,100
)
Book to tax derivative instruments
(492,842
)
 
(14,100
)
Capitalized inventory
71,000

 
62,000

Income tax basis of assets
$
77,619,203

 
$
72,167,582

 
 
 
 
Financial statement basis of liabilities
$
32,589,165

 
$
23,608,915

Book to tax derivative instruments
(513,829
)
 
(341,050
)
Accrued employee benefits
(507,866
)
 
(508,471
)
Income tax basis of liabilities
$
31,567,470

 
$
22,759,394