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Note 2 - Inventories
6 Months Ended
Jun. 30, 2021
Notes  
Note 2 - Inventories

NOTE 2 - INVENTORIES

 

Inventories are stated at lower of direct cost or net realizable value with cost determined using the FIFO (first in, first out) method.  Inventories consist of the following:

 

June 30,

2021

December 31,

2020

Parts

$        96,570

$       99,303

Work in progress

195,053

275,230

Finished goods

200,150

257,174

Total inventory

$       491,773

631,707