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Condensed Statements of Income (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Apr. 30, 2020
Apr. 30, 2019
Apr. 30, 2020
Apr. 30, 2019
Net sales:        
Equipment $ 1,267,141 $ 2,199,466 $ 2,710,122 $ 3,858,690
Parts and service 747,802 715,085 1,315,082 1,525,117
Total net sales 2,014,943 2,914,551 4,025,204 5,383,807
Cost of sales 1,762,775 2,535,028 3,695,569 4,718,585
Gross profit 252,168 379,523 329,635 665,222
Operating expense:        
Selling expense 119,404 142,208 252,977 253,019
Administrative expense 221,698 236,349 413,923 436,946
Total operating expense 341,102 378,557 666,900 689,965
Operating (loss) income (88,934) 966 (337,265) (24,743)
Other income:        
Interest income 5,344 899 11,194 1,820
Total other income 5,344 899 11,194 1,820
(Loss) income before income taxes (83,590) 1,865 (326,071) (22,923)
Income tax benefit (20,000) 0 (78,000) (6,000)
Net (loss) income $ (63,590) $ 1,865 $ (248,071) $ (16,923)
(Loss) income per share, basic and diluted $ (0.01) $ 0.00 $ (0.05) $ (0.00)
Weighted average number of shares outstanding 5,183,895 5,183,895 5,183,895 5,183,895