XML 14 R5.htm IDEA: XBRL DOCUMENT v3.20.2
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS (UNAUDITED) - USD ($)
3 Months Ended
Sep. 30, 2020
Sep. 30, 2019
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 105,863 $ 4,298
Adjustments to Reconcile Net Income to Net Cash Provided by Operating Activities:    
Depreciation and Amortization 10,249 13,651
Allowance for Bad Debts 300 300
Deferred Income Amortization (325) (325)
Effects of Changes in Operating Assets and Liabilities:    
Trade Receivables (505,591) (309,962)
Inventories (117,896) (85,398)
Prepaid Expenses (27,732) (30,249)
Accounts Payable 185,926 187,441
Refund Liability Owed to Customers 12,866 16,088
Accrued Expenses 32,180 10,506
Net Cash Used by Operating Activities (304,160) (193,650)
CASH FLOWS FROM FINANCING ACTIVITIES    
Outstanding Checks in Excess of Bank Balance 43,921  
Proceeds from Line-of-Credit 210,000 202,000
Principal Payments on Notes Payable (3,151) (2,965)
Net Cash Provided by Financing Activities 250,770 199,035
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (53,390) 5,385
Cash and Cash Equivalents - Beginning of Period $ 53,390 18,800
CASH AND CASH EQUIVALENTS - END OF PERIOD   $ 24,185