Note 2: Detail of Certain Balance Sheet Accounts: Detail of Inventories (Details) (USD $)	Aug. 31, 2012	Aug. 31, 2011
Parts and supplies	$ 1,180,428	$ 1,248,534
Work-in-process	803,049	1,110,362
Finished goods	520,480	147,318
Inventory Reserve	(100,000)	(100,000)
Inventories, net	$ 2,403,957	$ 2,406,214

The amount of the valuation account as of the balance sheet date which reduces the carrying amount of inventory to net realizable value; takes into consideration such factors as market value, excessive quantities based on expected sales, technological obsolescence, and shrinkage. May also provide for estimated product returns or price concessions pertaining to product cost.

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+ Details