(9) Income Taxes: Schedule of Deferred Tax Assets and Liabilities (Tables)

12 Months Ended

Jun. 30, 2015

Tables/Schedules

Schedule of Deferred Tax Assets and Liabilities

				2015		2014
Net deferred income tax assets – current:
	Inventory capitalization for income tax purposes		$	67,324	$	68,748
	Inventory reserve			139,832		130,788
	Warranty reserve			59,742		61,524
	Accrued product liability			9,918		20,970
	Allowance for doubtful accounts			162,803		126,889
	Valuation allowance			(439,619)		-
		Total deferred income tax assets – current	$	-	$	408,919

			2015		2014
Net deferred income tax assets (liabilities) – non-current:
	Property and equipment, principally due to differences in depreciation	$	(67,158)	$	(255,835)
	Research and development credit carryover		133,393		370,757
	Other intangibles		(68,970)		(91,822)
	Deferred gain on sale lease-back		874,235		-
	Operating loss carry forwards		-		280,544
	Valuation allowance		(1,007,628)		-
Total deferred income tax assets (liabilities) – non-current		$	(136,128)	$	303,644