v3.2.0.727
Condensed Consolidated Statements of Cash Flows - USD ($)
 6 Months Ended
Jun. 27, 2015
Jun. 28, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income/(loss) $ 569,628 $ (45,485)
Adjustments to reconcile net income/(loss) to net cash used in/provided by operating activities:    
Depreciation 102,906 85,994
Gain on sale of equipment (9,500) (2,200)
Provision for credit losses 18,050 (70,750)
Changes in assets and liabilities:    
(Increase)/decrease in accounts receivables (164,411) (344,142)
(Increase)/decrease in inventories (387,813) (334,405)
(Increase)/decrease in deferred tax asset 47,066 188,468
(Increase)/decrease in inventory finance notes receivable (780,754) 1,730,836
(Increase)/decrease in construction loan receivable   693,257
(Increase)/decrease in prepayments and other (98,825) (30,676)
Increase/(decrease) in accounts payable 198,664 (144,178)
Increase/(decrease) in income tax payable 30,535 (373,470)
Increase/(decrease) in accrued warranties 90,000 (40,000)
Increase/(decrease) in accrued expenses 157,525 17,678
CASH FLOW (USED) IN/PROVIDED BY OPERATING ACTIVITIES (226,929) 1,330,927
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of property, plant and equipment (173,809) (105,935)
Proceeds from sale of property, plant and equipment 9,500 2,200
CASH FLOW (USED) IN INVESTING ACTIVITIES (164,309) (103,735)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of long-term debt (62,800) (62,800)
Proceeds from revolving credit loans   3,600,000
Repayments of revolving credit loans   (5,831,799)
Purchases of treasury stock   (21,284)
CASH FLOW (USED) IN FINANCING ACTIVITIES (62,800) (2,315,883)
NET (DECREASE) IN CASH (454,038) (1,088,691)
CASH, Beginning 4,116,101 3,107,213
CASH, Ending 3,662,063 2,018,522
Cash paid during the period for:    
Interest 21,679 57,125
Taxes $ 203,490 $ 176,570