Business Acquisition (Tables)

9 Months Ended

Jul. 31, 2018

Business Combinations [Abstract]

Summary of Assets Purchased

The following table summarizes the provisional amouts of assets purchased:

Assets acquired:
Accounts receivable	$	86,442
Inventory		1,140,893
Equipment		450,000
Prepaid expenses		62,882
Non-compete		150,000
Goodwill		1,000,000
Assets acquired:	$	2,890,217
Purchase of assets funded by:
Cash paid	$	2,740,217
Note payable to seller		150,000
	$	2,890,217

Schedule of Pro Forma Results of Operations

	Nine Months Ended July 31,				Three Months Ended July 31,
	2018		2017		2017
Pro forma sales	$	77,962,356	$	64,418,901	$	21,121,957
Pro forma net income (loss)	$	839,087	$	423,340	$	5,581
Pro forma basic and diluted earnings per share	$	.15	$	.07	$	.00