Consolidated Balance Sheets - USD ($)	Dec. 31, 2015	Dec. 31, 2014
CURRENT ASSETS:
Cash	$ 8,791,938	$ 7,788,010
Accounts Receivable, Net of Allowance for Doubtful Accounts of $ -0- and Allowance for Returns of $1,066,314 (2015) and $912,789 (2014)	2,182,306	3,046,669
Inventories	8,179,669	7,484,909
Income Tax Receivable	76,290	78,277
Prepaid Expenses and Other Current Assets	318,250	306,951
Deferred Income Tax Asset	241,834	277,291
Total Current Assets	19,790,287	18,982,107
PROPERTY, PLANT AND EQUIPMENT:
Net of Accumulated Depreciation of $18,294,592 (2015) and $17,880,096 (2014)	3,924,480	3,473,829
GOODWILL	413,280	413,280
CUSTOMER BASE AND NON-COMPETE AGREEMENT	62,092	187,977
OTHER ASSETS	392,426	451,373
TOTAL ASSETS	24,582,565	23,508,566
CURRENT LIABILITIES:
Short-Term Debt	582,839	112,879
Accounts Payable	615,928	603,342
Accrued Expenses	843,851	819,458
Total Current Liabilities	2,042,618	1,535,679
DEFERRED INCOME TAX LIABILITY	315,125	203,667
Total Liabilities	2,357,743	1,739,346
STOCKHOLDERS’ EQUITY:
Common Stock, $.30 Par Value, 2,000,000 Shares Authorized, 583,094 Shares Issued and 519,600 Shares Outstanding	174,928	174,928
Capital in Excess of Par Value	1,288,793	1,288,793
Retained Earnings	21,034,320	20,578,718
Stockholders' Equity before Treasury Stock	22,498,041	22,042,439
Less: Common Stock in Treasury, at Cost, 63,494 Shares	273,219	273,219
Total Stockholders’ Equity	22,224,822	21,769,220
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$ 24,582,565	$ 23,508,566