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Consolidated Balance Sheets - USD ($)
Dec. 31, 2018
Dec. 31, 2017
CURRENT ASSETS:    
Cash $ 8,036,052 $ 8,668,012
Accounts Receivable, Net of Allowance for Doubtful Accounts of $ -0- and Allowance for Returns of $1,000,826 (2018) and $1,566,578 (2017) 1,993,564 1,870,649
Inventories, Net 9,331,533 9,528,646
Income Tax Receivable 175,042 209,616
Prepaid Expenses and Other Current Assets 257,949 224,384
Total Current Assets 19,794,140 20,501,307
PROPERTY, PLANT AND EQUIPMENT, Net 4,126,848 4,271,727
GOODWILL 413,280 413,280
DEFERRED INCOME TAXES 126,084 0
OTHER ASSETS 323,390 345,415
TOTAL ASSETS 24,783,742 25,531,729
CURRENT LIABILITIES:    
Short-Term Debt 284,016 541,572
Accounts Payable 931,424 638,896
Accrued Credits Due Fruit Customers 333,244 409,131
Accrued Expenses 488,248 419,783
Total Current Liabilities 2,036,932 2,009,382
DEFERRED INCOME TAXES 0 83,687
Total Liabilities 2,036,932 2,093,069
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 21,556,308 22,248,158
Stockholders' Equity before Treasury Stock 23,020,029 23,711,879
Treasury Stock, at Cost, 63,494 Shares 273,219 273,219
Total Stockholders' Equity 22,746,810 23,438,660
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY $ 24,783,742 $ 25,531,729