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Inventories

3 Months Ended

Mar. 31, 2018

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 March 31, 2018 and December 31, 2017:

		March 31,				December 31,
		2018				2017
Raw Materials
Recycled paper board		$	5,294,406			$	6,337,374
Recycled white scrap paper			846,463				862,734
Recycled scrap binding margin			87,467				-
Coal & gas			51,964				71,674
Base paper and other raw materials			217,684				216,655
			6,497,984				7,488,437
Finished Goods			2,511,464				985,728
Totals		$	9,009,448			$	8,474,165

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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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