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Inventory
6 Months Ended
Jun. 30, 2013
Notes  
Inventory

5.  Inventories are stated at the lower of cost or net realizable value, cost being determined by the first-in, first-out method.  A summary of inventories is as follows: 

 

 

June 30, 2013

 

December 31, 2012

Raw material

$              1,929,681

 

$                2,009,691

Work-In-Process

                2,101,618

 

                  1,869,830

Finished Goods

                1,562,953

 

                  1,606,851

Inventory, Gross

                5,594,252

 

                  5,486,372

Valuation reserves

                   602,000

 

                     550,000

Inventory, Net

$              4,992,252

 

 $               4,936,372