CONDENSED BALANCE SHEETS - USD ($)	May 31, 2021	Feb. 28, 2021
CURRENT ASSETS
Cash and cash equivalents	$ 1,756,600	$ 1,812,200
Accounts receivable, less allowance for doubtful accounts of $360,400 (May 31) and $331,900 (February 28)	3,974,200	3,346,700
Inventories - net	56,555,100	51,762,400
Prepaid expenses and other assets	1,458,000	1,219,300
Total current assets	63,743,900	58,140,600
INVENTORIES - net	760,600	685,300
PROPERTY, PLANT AND EQUIPMENT - net	30,074,900	29,951,000
OTHER ASSETS	70,300	73,600
TOTAL ASSETS	94,649,700	88,850,500
CURRENT LIABILITIES
Accounts payable	18,035,700	19,674,300
Line of credit	8,732,500	5,245,300
Deferred revenues	1,627,000	1,914,100
Current maturities of long-term debt	1,185,700	533,500
Accrued salaries and commissions	1,873,900	3,488,000
Dividends payable	834,800	835,100
Income taxes payable	1,097,900	130,200
Other current liabilities	4,094,000	6,094,800
Total current liabilities	37,481,500	37,915,300
LONG-TERM DEBT - net of current maturities	13,552,800	10,451,200
DEFERRED INCOME TAXES - net	327,400	89,900
OTHER LONG-TERM LIABILITIES	131,300	134,300
Total liabilities	51,493,000	48,590,700
SHAREHOLDERS' EQUITY
Common stock, $0.20 par value; Authorized 16,000,000 shares; Issued 12,410,080 shares; Outstanding 8,348,314 (May 31) and 8,346,600 (February 28) shares	2,482,000	2,482,000
Capital in excess of par value	11,152,100	10,863,900
Retained earnings	42,286,300	39,683,000
	55,920,400	53,028,900
Less treasury stock, at cost	(12,763,700)	(12,769,100)
Total shareholders' equity	43,156,700	40,259,800
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	$ 94,649,700	$ 88,850,500