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3. INVENTORY
3 Months Ended
Mar. 31, 2018
Inventory Disclosure [Abstract]  
INVENTORY

3. INVENTORY

 

Inventories are stated at the lower of cost or net realizable value. Costs are determined using the first in- first out (FIFO) method. Inventory consists approximately of the following:

 

   March 31,   December 31, 
   2018   2017 
Finished Goods  $121,616   $1,716,141 
Work in Process   275,506    311,481 
Raw Materials   149,904    300,479 
Inventory Allowance   (8,601)   (8,601)
Total Inventory  $538,425   $2,319,500