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Inventories

9 Months Ended

Sep. 30, 2017

Inventories [Abstract]

Inventories

(4) Inventories

Raw materials inventory includes mainly recycled paper and coal. Finished goods include mainly products of corrugating medium paper, offset printing paper and tissue paper products. Inventories consisted of the following as of September 30, 2017 and December 31, 2016:

		September 30,				December 31,
		2017				2016
Raw Materials
Recycled paper board		$	6,711,977			$	3,337,649
Recycled white scrap paper			838,086				-
Recycled scrap binding margin			831,968				547,803
Coal & gas			85,950				242,307
Base paper and other raw materials			222,062				265,464
			8,690,043				4,393,223
Finished Goods			913,270				1,238,807
Totals		$	9,603,313			$	5,632,030

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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/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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