(3) VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2011

Allowance for Credit Losses [Text Block]

(3) VALUATION AND QUALIFYING ACCOUNTS

The allowance for doubtful accounts for the years ended December 31, 2011 and December 31, 2010 is as follows:

Classifications	Balance at Beginning of Year		Charged to Costs and Expenses		Deductions From Reserves		Balance at End of Year
Year ended December 31, 2011
Allowance for Doubtful Accounts	$	125,402	$	5,000	$	—	$	130,402
Year ended December 31, 2010
Allowance for Doubtful Accounts	$	92,421	$	33,744	$	763	$	125,402

The Company has reviewed its inventory valuation and does not believe a reserve for slow moving or obsolete inventory is required as of December 31, 2011 and December 31, 2010.