**EXHIBIT (12)**

**COMPUTATION OF RATIO OF EARNINGSTO FIXED CHARGES**
|                                                                                                  | ** ** | **Twelve  Months Ended  June 30, 2007** | ** **     |
|--------------------------------------------------------------------------------------------------|------------|--------------------------------------------------------|----------------|
| ** **                                                                                       | ** ** | ** **                                             | ** **     |
| Income from  continuing operations before provision for income taxes and fixed charges  (Note A) |       | $                                                      | 98,391,025     |   |
|                                                                                             |       |                                                   |           |
| Fixed charges:                                                                                   |       |                                                   |           |
| Interest on  long-term debt                                                                      |       | $                                                      | 28,761,292     |   |
| Interest on  short-term debt                                                                     |       | 2,366,504                                              |           |
| Interest on note  payable to securitization trust                                                |       | 4,250,000                                              |           |
| Other interest                                                                                   |       | 1,083,178                                              |           |
| Rental expense  representative of an interest factor (Note B)                                    |       | 132,430                                                |           |
| ** **                                                                                       | ** ** | ** **                                             | ** **     |
| **Total  fixed charges**                                                                         | ** ** | **$**                                                  | **36,593,404** | ** ** |
| ** **                                                                                       | ** ** | ** **                                             | ** **     |
| ** **                                                                                       | ** ** | ** **                                             | ** **     |
| Ratio of earnings to  fixed charges                                                              |       | 2.69                                                   | x              |

 

NOTE A:  Forthe purpose of determining earnings in the calculation of the ratio, net incomefrom continuing operations has been increased by the provision for incometaxes, non-operating income taxes, minority interest and by the sum of fixedcharges as shown above.

NOTE B:  One-thirdof rental expense (which approximates the interest factor).

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