Condensed Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2020	Jun. 30, 2019	Jun. 30, 2020
OPERATING ACTIVITIES
Net earnings (loss)	$ (858,862)	$ 194,772
Adjustments to reconcile net earnings (loss) to cash provided by (used in) operating activities:
Depreciation	335,479	304,781
Deferred taxes	(108,722)	(16,039)
Compensation expense for restricted stock	110,813	83,236
Change in postretirement benefits	2,967	2,738
Lower of cost or net realizable value inventory adjustment	274,093		$ 274,093
Decrease (increase) in operating assets:
Accounts receivable	1,235,255	(2,685,454)
Inventories	3,956,258	5,305,040
Federal income taxes recoverable	(148,701)
Other current assets	(103,899)	(12,322)
Increase (decrease) in operating liabilities:
Accounts payable and accrued expenses	(6,706,560)	(3,215,889)
Income taxes payable		65,157
Contribution to retirement plan	50,250	50,250
Employee compensation and related expenses	(98,083)	(8,649)
Other Non-Current Liabilities		26,425
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES	(2,059,712)	94,046
INVESTING ACTIVITIES
Purchase of property, plant and equipment	(1,373,573)	(672,410)
Increase in cash surrender value of officers’ life insurance	(4,323)	(4,370)
NET CASH USED IN INVESTING ACTIVITIES	(1,377,896)	(676,780)
FINANCING ACTIVITIES
Paycheck Protection Program loan proceeds	1,690,385
Cash dividends paid	(141,609)	(279,978)
Cash paid for principal portion of finance lease	(25,000)
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	1,523,776	(279,978)
INCREASE (DECREASE) IN CASH	(1,913,832)	(862,712)
CASH AT BEGINNING OF PERIOD	17,057,751	11,667,161
CASH AT END OF PERIOD	$ 15,143,919	$ 10,804,449	$ 15,143,919