Condensed Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
Mar. 31, 2020	Mar. 31, 2019
Condensed Consolidated Statements of Income (Unaudited)
Net sales	$ 7,576,455	$ 8,621,678
Cost of goods sold	6,266,028	6,959,915
Gross profit	1,310,427	1,661,763
Selling and administrative expenses	1,285,334	1,342,696
Operating profit	25,093	319,067
Other income	46,475	48,775
Income before income taxes	71,568	367,842
Provision for income taxes	15,000	81,000
Net income	$ 56,568	$ 286,842
Per share data, basic and diluted:
Net income per share	$ 0.06	$ 0.30
Average common shares outstanding	966,132	966,132
Cash dividends declared per share	$ 0.22	$ 0.52

Aggregate dividends declared during the period for each share of common stock outstanding.

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