Note G - Accrued Expenses

12 Months Ended

Dec. 31, 2019

Notes to Financial Statements

Other Liabilities Disclosure [Text Block]

NOTE G - ACCRUED EXPENSES

Accrued expenses at

December 31, 2019

and

2018

consist of:

	2019		2018
Bonuses	$	216,000	$	242,000
Distribution fees		309,190		315,242
Payroll and related expenses		175,433		159,385
Annual report expenses		64,324		66,618
Audit fee		48,500		43,668
Reserve for outdated material		231,392		160,533
Sales rebates		46,100		15,000
Computer services		-		16,593
Other		38,187		21,596
Total accrued expenses	$	1,129,126	$	1,040,635