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INVENTORIES
6 Months Ended
Jun. 30, 2022
INVENTORIES  
INVENTORIES

NOTE 9.    INVENTORIES

Inventories are valued at the lower of cost or net realizable value and computed on a first-in, first-out basis. Components of inventories were as follows:

June 30, 

December 31, 

    

2022

    

2021

Parts and raw materials

$

291,732

$

261,365

Work in process

 

33,569

 

24,222

Finished goods

 

70,565

 

52,823

Total

$

395,866

$

338,410