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Note 5 - Income Taxes - Significant Components of Consolidated Deferred Tax Assets (Details) - USD ($)
Mar. 31, 2017
Mar. 31, 2016
Deferred tax liabilities:    
Depreciation $ (507,970) $ (871,665)
Total deferred tax liabilities (507,970) (871,665)
Deferred tax assets:    
Inventory capitalization 166,979 179,956
LIFO Inventory 783,645 783,645
Postretirement benefits other than pensions 187,096 267,104
Net operating loss carryforward - Federal 343,729
Net operating loss carryforward - State 112,583
Other 79,888 49,462
Total deferred tax assets 1,673,920 1,280,167
Net deferred tax asset $ 1,165,950 $ 408,502