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Inventories

6 Months Ended

Jun. 30, 2018

Inventories [Abstract]

Inventories

(4) Inventories

Raw materials inventory includes mainly recycled paper board and recycled white scrap paper. Finished goods include mainly products of corrugating medium paper, offset printing paper and tissue paper products. Inventories consisted of the following as of June 30, 2018 and December 31, 2017:

		June 30,				December 31,
		2018				2017
Raw Materials
Recycled paper board		$	2,028,145			$	6,337,374
Recycled white scrap paper			578,396				862,734
Coal & gas			57,407				71,674
Base paper and other raw materials			177,112				216,655
			2,841,060				7,488,437
Finished Goods			1,214,162				985,728
Totals		$	4,055,222			$	8,474,165

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- References

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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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 330
-URI http://asc.fasb.org/topic&trid=2126998

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