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Inventory
6 Months Ended
Jun. 30, 2015
Notes  
Inventory

6.  Inventories are stated at the lower of cost or net realizable value, cost being determined by the first-in, first-out method.  A summary of inventories is as follows:

 

 

June 30, 2015

 

December 31, 2014

Raw material

$              2,053,477

 

$                2,154,572

Work-In-Process

                1,659,654

 

                  1,664,899

Finished Goods

                1,914,398

 

                  1,961,003

Inventory, Gross

                5,627,529

 

                  5,780,474

Valuation reserves

                   617,000

 

                     618,000

Inventory, Net

$              5,010,529

 

 $               5,162,474