Inventories

3 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Note 3. Inventories

Inventories are stated at the lower of cost determined on the first-in, first-out method or market.

Inventories net of the reserve for obsolescence consisted of the following:

	December 31, 2016		September 30, 2016
Raw materials and stock parts	$	319,208	$	324,749
Work-in-process		16,003		54,716
Finished goods		86,182		69,282
	$	421,393	$	448,747

The Company’s reserve for obsolescence equaled $435,528 at December 31, 2016 and September 30, 2016. The Company provides for a valuation reserve for certain inventory that is deemed to be obsolete, of excess quantity or otherwise impaired.