Condensed Balance Sheets - USD ($)	Jul. 31, 2020	Apr. 30, 2020
Current Assets:
Cash and cash equivalents	$ 7,491,000	$ 6,458,000
Investments and securities, at fair value	27,657,000	25,322,000
Accounts receivable:
Trade, net of $1,913 and $7,306 doubtful account allowance	2,920,000	2,964,000
Other	19,000	18,000
Income tax overpayment		56,000
Inventories, net	5,507,000	5,103,000
Prepaid expenses	334,000	516,000
Total Current Assets	43,928,000	40,437,000
Property and Equipment, net, at cost	1,505,000	1,465,000
Other Assets
Investment in Limited Land Partnership, at cost	320,000	320,000
Projects in process	108,000	21,000
Other	2,000	2,000
Total Other Assets	430,000	343,000
Intangible assets, net	1,486,000	1,517,000
TOTAL ASSETS	47,349,000	43,762,000
Current Liabilities
Accounts payable, trade	304,000	187,000
Dividends payable	1,892,000	1,892,000
Accrued expenses:
Payroll and related expenses	386,000	450,000
Property taxes	3,000
Income tax payable	290,000
Notes payable	950,000	950,000
Total Current Liabilities	3,825,000	3,479,000
Long-Term Liabilities
Deferred income taxes	1,343,000	699,000
Total Long-Term Liabilities	1,343,000	699,000
Total Liabilities	5,168,000	4,178,000
Commitments and contingencies
Stockholders' Equity
Convertible preferred stock, 1,000,000 shares authorized, Series 1-noncumulative, $20 stated value, 25,000 shares authorized, 4,100 issued and outstanding	99,000	99,000
Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding	850,000	850,000
Additional paid-in capital	1,934,000	1,934,000
Accumulated other comprehensive income	101,000	(4,000)
Retained earnings	43,498,000	41,006,000
Less: treasury stock, 3,552,954 and 3,552,954 shares, at cost	(4,301,000)	(4,301,000)
Total Stockholders' Equity	42,181,000	39,584,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 47,349,000	$ 43,762,000