Inventory

9 Months Ended

Sep. 30, 2014

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: 

	September 30, 2014	December 31, 2013
Raw material	$              2,210,806	$                2,130,718
Work-In-Process	1,833,310	1,507,755
Finished Goods	1,868,835	1,806,315
Inventory, Gross	5,912,951	5,444,788
Valuation reserves	630,200	564,000
Inventory, Net	$              5,282,751	$               4,880,788