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INVENTORIES, NET
3 Months Ended
Jun. 30, 2022
Inventory Disclosure [Abstract]  
INVENTORIES, NET

NOTE 5 - INVENTORIES, NET

 

Inventories are comprised of the following components:

 

   June 30,   March 31, 
   2022   2022 
         
Finished Goods  $11,598,000   $10,537,000 
Inventory in Transit   1,136,000    3,306,000 
Estimated Amount of Future Returns   586,000    683,000 
Subtotal   13,320,000    14,526,000 
Less:Inventory Reserve   364,000    364,000 
           
Inventories, net  $12,956,000   $14,162,000