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Condensed Consolidated Statements of Income (Unaudited) - USD ($)
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Condensed Consolidated Statements of Income (Unaudited)    
Net sales $ 8,621,678 $ 10,011,641
Cost of goods sold 6,959,915 7,668,636
Gross profit 1,661,763 2,343,005
Selling and administrative expenses 1,342,696 1,464,718
Operating profit 319,067 878,287
Other income 48,775 33,501
Income before income taxes 367,842 911,788
Provision for income taxes 81,000 204,000
Net income $ 286,842 $ 707,788
Per share data, basic and diluted:    
Net income per share $ 0.30 $ 0.73
Average common shares outstanding 966,132 966,132
Cash dividends declared per share $ 0.52 $ 0.51