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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Cash Flows from Operating Activities    
Net Income $ 1,113,472 $ 50,450
Adjustments to Reconcile Net Income to Net Cash (Used in) Provided by Operating Activities    
Depreciation and Amortization 1,318,554 1,347,305
Loss on the Sale of Equipment 21,564 0
Deferred Income Taxes (85,000) 68,000
Changes in Operating Assets and Liabilities    
Accounts Receivable, net (484,534) (554,136)
Inventories, net (3,366,486) (202,117)
Other Current Assets 123,036 15,666
Accounts Payable 226,211 (24,156)
Accrued Wages and Salaries 27,324 (147,964)
Other Accrued Expenses 43,450 (26,101)
Unearned Revenue and Customer Deposits 52,926 96,854
Net Cash (Used in) Provided by Operating Activities (1,009,483) 623,801
Cash Flows from Investing Activities    
Capital Expenditures (670,898) (824,136)
Proceeds from the Sale of Equipment 7,800 0
Proceeds from Certificates of Deposit 4,484,000 6,574,000
Purchases of Certificates of Deposit (2,492,000) (4,733,000)
Net Cash Provided by Investing Activities 1,328,902 1,016,864
Cash Flows from Financing Activities    
Cash Dividends Paid (850,196) (502,388)
Net Cash Used in Financing Activities (850,196) (502,388)
Net (Decrease) Increase in Cash and Cash Equivalents (530,777) 1,138,277
Cash and Cash Equivalents    
Beginning of Year 2,567,731 1,429,454
End of Year 2,036,954 2,567,731
Net Cash Paid (Refunds Received) for Income Taxes    
Net Cash Piad for Income Taxes $ 300,500  
Refunds Received for Income Taxes   $ (25,246)