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Inventory
9 Months Ended
Sep. 30, 2015
Notes  
Inventory

6.  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, 2015

 

December 31, 2014

Raw material

$              2,018,773

 

$                2,154,572

Work-In-Process

                1,690,510

 

                  1,664,899

Finished Goods

                1,771,769

 

                  1,961,003

Inventory, Gross

                5,481,052

 

                  5,780,474

Valuation reserves

                   617,000

 

                     618,000

Inventory, Net

$              4,864,052

 

 $               5,162,474