v3.3.1.900
Consolidated Statements of Cash Flows - USD ($)
 12 Months Ended
Jan. 02, 2016
Dec. 27, 2014
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net Income $ 1,960,134 $ 651,139
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 218,198 172,607
Charitable Contribution of property, plant and equipment 800,000  
Gain on sale of equipment (657,962) (2,200)
Provision for credit losses 65,710 (110,320)
Changes in assets and liabilities:    
(Increase)/decrease in accounts receivables (13,076) (40,084)
(Increase)/decrease in inventories (86,744) 77,138
(Increase)/decrease in deferred tax asset (186,992) 170,406
(Increase)/decrease in inventory finance receivable (814,232) 2,480,743
(Increase)/decrease in construction loan receivable   693,257
(Increase)/decrease in prepayments and other (5,546) 55,634
Increase/(decrease) in accounts payable (70,431) (37,111)
Increase/(decrease) in income tax payable 409,682 25,715
Increase/(decrease) in accrued warranties 215,000 60,000
Increase/(decrease) in accrued expenses 314,344 276,422
CASH FLOW PROVIDED BY OPERATING ACTIVITIES 2,148,085 4,473,346
CASH FLOWS FROM INVESTING ACTIVITIES:    
Purchases of equipment (253,773) (336,396)
Proceeds from sale of property, plant and equipment 365,200 2,200
Purchases of investments (3,000,000)  
CASH FLOW (USED) IN INVESTING ACTIVITIES (2,888,573) (334,196)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Repayment of long-term debt (486,067) (125,600)
Proceeds from revolving credit loans   5,000,000
Repayments of revolving credit loans   (8,056,799)
Purchases of treasury stock   (29,763)
Issuance of common stock   81,900
CASH FLOW (USED) IN FINANCING ACTIVITIES (486,067) (3,130,262)
NET (DECREASE)/INCREASE IN CASH (1,226,555) 1,008,888
CASH, Beginning 4,116,101 3,107,213
CASH, Ending 2,889,546 4,116,101
Cash paid during the period for:    
Interest 39,547 86,022
Taxes $ 453,490 $ 178,158