XML 27 R10.htm IDEA: XBRL DOCUMENT v3.20.2
Inventories
9 Months Ended
Sep. 30, 2020
Inventory Disclosure [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 September 30, 2020 and December 31, 2019:


   September 30,   December 31, 
   2020   2019 
Raw Materials        
Recycled paper board  $5,512,274   $40,032 
Recycled white scrap paper   1,016,905    10,541 
Gas   46,891    41,675 
Base paper and other raw materials   359,487    293,935 
    6,935,557    386,183 
Semi-finished Goods   145,069    83,266 
Finished Goods   1,502,286    1,212,849 
Total inventory, gross   8,582,912    1,682,298 
Inventory reserve   -    (74,835)
Total inventory, net  $8,582,912   $1,607,463