Inventories, net

12 Months Ended

Dec. 31, 2022

Inventory, Net [Abstract]

Inventories, net

5. Inventories, net

The components of inventories, net were as follows:

	December 31, 2022		December 31, 2021
Raw materials	$	812,066	$	671,195
Work in progress	230,865		271,659
Finished goods	458,881		377,800
Subtotal	1,501,812		1,320,654
Less reserves	(135,204)		(129,559)
Total	$	1,366,608	$	1,191,095

At December 31, 2022 and 2021, approximately 4% of the Company's total inventories were accounted for using the LIFO method.