Balance Sheets - USD ($)	Apr. 30, 2017	Apr. 30, 2016
Current Assets:
Cash and cash equivalents	$ 6,456,000	$ 5,918,000
Investments and securities	26,382,000	24,530,000
Accounts receivable:
Trade, net of $2,425 and $74 doubtful account allowance for 2017 and 2016, respectively	1,848,000	1,912,000
Other	3,000
Income tax overpayment	253,000	199,000
Inventories, net	2,304,000	2,964,000
Prepaid expenses	193,000	68,000
Total Current Assets	37,439,000	35,591,000
Property and Equipment, at cost, net	739,000	756,000
Other Assets
Investment in Limited Land Partnership, at cost	273,000	253,000
Projects in process	13,000	68,000
Total Other Assets	286,000	321,000
TOTAL ASSETS	38,464,000	36,668,000
Current Liabilities
Accounts payable, trade	69,000	31,000
Dividends payable	1,416,000	1,255,000
Accrued expenses:
Payroll and related expenses	308,000	320,000
Total Current Liabilities	1,793,000	1,606,000
Long-Term Liabilities
Deferred income taxes	906,000	278,000
Total Long-Term Liabilities	906,000	278,000
Total Liabilities	2,699,000	1,884,000
Commitments and Contingencies
Stockholders’ Equity
Convertible preferred stock, 1,000,000 shares authorized, Series 1-noncumulative, $20 stated value, 25,000 shares authorized, 4,100 issued and outstanding	99,000	99,000
Common stock, Class A, $.10 par value, 10,000,000 shares authorized, 8,502,881 shares issued and outstanding	850,000	850,000
Additional paid-in capital	1,736,000	1,736,000
Accumulated other comprehensive income	1,239,000	347,000
Retained earnings	35,981,000	35,337,000
Less: treasury stock, 3,557,606 and 3,481,021 shares, at cost	(4,140,000)	(3,585,000)
Total Stockholders’ Equity	35,765,000	34,784,000
TOTAL LIABILITES AND STOCKHOLDERS’ EQUITY	$ 38,464,000	$ 36,668,000