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2-Balance Sheet Details
12 Months Ended
Dec. 31, 2012
2-Balance Sheet Details:  
2-Balance Sheet Details

2—Balance Sheet Details

 

December 31,

2012

December 31,

2011

Inventories:

 

 

  Raw materials……………………………….

$ 2,009,691

$ 2,016,032

  Work in process……………………………..

   1,869,830

   1,984,368

  Finished goods………………………………

   1,606,851

   1,760,640

 

5,486,372

5,761,040

  Valuation reserves………………………….

      550,000

       549,000

 

$ 4,936,372

$ 5,212,040

 

 

 

December 31,

2012

December 31,

2011

Property, Plant and Equipment, net:

 

 

Land

$ 923,587

$ 923,587

Land Improvements

314,563

314,563

Buildings and improvements……………….

6,244,064

6,169,545

Machinery and equipment and other

29,495,765

28,785,896

 

36,977,979

36,193,591

Accumulated depreciation…………………..

28,900,113

28,298,066

 

$ 8,077,866

$ 7,895,525

 

 

 

December 31,

2012

December 31,

2011

Other Accrued Expenses:

 

 

  Profit sharing plan contribution……………….

$   278,080

$    182,000

  Property taxes………………………………….

91,547

109,313

   All other items………………………………….

90,618

162,281

 

$   460,245

$   453,594