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Note 7 - Warranty
6 Months Ended
Jun. 30, 2014
Product Warranties Disclosures [Abstract]  
Product Warranty Disclosure [Text Block]

Note 7 – Warranty


The Company provides a warranty for most of its products. Warranties are for periods ranging from ninety days to one year, and cover parts and labor for non-maintenance repairs at our locations. Operator abuse, improper use, alteration, damage resulting from accident, or failure to follow manufacturer’s directions are excluded from warranty coverage.


Warranty expense is accrued at the time of sale based on historical claims experience. Warranty reserves are also accrued for special rework campaigns for known major product modifications. The Company also offers extended warranty service contracts for select products when the factory warranty period expires.


Warranty provisions and claims for the three and six-month periods ended June 30, 2014 and 2013 were as follows:


   

Three Months Ended

June 30,

   

Six Months Ended

June 30,

 
   

2014

   

2013

   

2014

   

2013

 

Beginning balance

  $ 322,328     $ 245,269     $ 335,533     $ 240,621  

Warranty provisions

    (19,628 )     43,611       50,986       166,500  

Warranty claims

    (72,013 )     (48,330 )     (155,832 )     (166,571 )

Ending balance

  $ 230,687     $ 240,550     $ 230,687     $ 240,550