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Inventories

6 Months Ended

Jun. 30, 2020

Inventory Disclosure [Abstract]

INVENTORIES

4. INVENTORIES

Inventories consist of the following at:

		June 30,				December 31,
		2020				2019
Finished goods		$	21,178,188			$	12,990,044
Raw Materials			3,062,408				3,167,853
Less: Inventory allowance for excess and obsolete products			(728,178	)			(865,548	)
Inventories		$	23,512,418			$	15,292,349

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- References

No definition available.

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- Definition

The entire disclosure for inventory. Includes, but is not limited to, the basis of stating inventory, the method of determining inventory cost, the classes of inventory, and the nature of the cost elements included in inventory.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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