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Business Acquisition (Tables)
 12 Months Ended
Oct. 31, 2018
Business Combinations [Abstract]  
Summary of Assets Purchased

The following table summarizes the amounts of assets purchased:

 

Assets acquired:      
Accounts receivable   $ 86,442  
Inventory     1,116,021  
Equipment     221,283  
Prepaid expenses     28,913  
Non-compete     99,000  
Customer lists     245,000  
Tradename     668,000  
Goodwill     363,396  
Assets acquired:   $ 2,828,055  
Purchase of assets funded by:        
Cash paid   $ 2,677,335  
Liability assumed     10,210  
Note payable to seller     140,510  
    $ 2,828,055

Schedule of Pro Forma Results of Operations

The following pro forma results of operations for the twelve months ended October 31, 2018 and 2017 have been prepared as though the business acquisition had occurred as of October 31, 2017. This pro forma financial information is not indicative of the results of operations that the Company would have attained had the acquisition occurred at the beginning of the periods presented, nor is the pro forma financial information indicative of the results of operations that may occur in the future:

 

    Twelve Months Ended
October 31,		  
    2018     2017  
             
Pro forma sales   $ 95,900,631     $ 88,923,392  
Pro forma net income (loss)   $ 940,437     $ 523,577  
Pro forma basic and diluted earnings per share   $ .17     $ .09