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Consolidated Statements of Cash Flows - USD ($)
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Cash Flows from Operating Activities    
Net Income $ 2,867,629 $ 1,113,472
Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities    
Depreciation and Amortization 1,279,870 1,318,554
(Gain) Loss on the Sale of Property and Equipment (4,741,096) 21,564
Deferred Income Taxes 22,000 (85,000)
Changes in Operating Assets and Liabilities    
Accounts Receivable, net 672,847 (484,534)
Inventories, net (601,450) (3,366,486)
Other Current Assets (585,190) 123,036
Accounts Payable 4,600 226,211
Accrued Wages and Salaries (47,000) 27,324
Other Accrued Expenses (38,457) 43,450
Unearned Revenue and Customer Deposits (98,707) 52,926
Net Cash Used in Operating Activities (1,264,954) (1,009,483)
Cash Flows from Investing Activities    
Capital Expenditures (969,943) (670,898)
Proceeds from the Sale of Property and Equipment 5,043,240 7,800
Proceeds from Certificates of Deposit 1,495,000 4,484,000
Purchases of Certificates of Deposit (1,445,000) (2,492,000)
Net Cash Provided by Investing Activities 4,123,297 1,328,902
Cash Flows from Financing Activities    
Cash Dividends Paid (850,196) (850,196)
Net Cash Used in Financing Activities (850,196) (850,196)
Net Increase (Decrease) in Cash and Cash Equivalents 2,008,147 (530,777)
Cash and Cash Equivalents    
Beginning of Year 2,036,954 2,567,731
End of Year 4,045,101 2,036,954
Cash Paid for Income Taxes $ 1,271,679 $ 300,500