Consolidated Balance Sheets - USD ($)	Dec. 31, 2023	Dec. 31, 2022
Current Assets
Cash and Cash Equivalents	$ 1,387,075	$ 4,045,101
Short-Term Investments	1,771,120	2,691,000
Accounts Receivable - Less allowances of $160,000	4,275,882	4,975,137
Contract Assets	118,301	0
Inventories, net	7,327,653	9,121,230
Prepaid Income Taxes	580,287	509,119
Other Current Assets	380,562	422,747
Total Current Assets	15,840,880	21,764,334
Property, Plant and Equipment, net	11,665,082	11,861,793
Deferred Income Taxes, net	324,943	0
Total Assets	27,830,905	33,626,127
Current Liabilities
Accounts Payable	788,974	697,235
Accrued Wages and Salaries	514,900	462,332
Other Accrued Expenses	129,963	327,961
Unearned Revenue and Customer Deposits	430,179	203,717
Total Current Liabilities	1,864,016	1,691,245
Deferred Income Taxes, net	0	948,084
Total Liabilities	1,864,016	2,639,329
Shareholders' Equity
Preferred Stock, No Par Value, 500,000 Shares Authorized: None Outstanding	0	0
Common Stock, $1.00 Par Value, 4,000,000 Shares Authorized: 1,138,096 Shares Issued, 966,132 Shares Outstanding	1,138,096	1,138,096
Additional Paid-in Capital	447,134	447,134
Retained Earnings	28,303,757	33,323,666
Treasury Stock, 171,964 Shares at cost	(3,922,098)	(3,922,098)
Total Shareholders' Equity	25,966,889	30,986,798
Total Liabilities and Shareholders' Equity	$ 27,830,905	$ 33,626,127