Condensed Balance Sheets - USD ($)	Jul. 31, 2017	Apr. 30, 2017
Current Assets:
Cash and cash equivalents	$ 6,998,000	$ 6,456,000
Investments and securities, at fair value	27,111,000	26,382,000
Accounts receivable:
Trade, net of $2,425 and $2,425 doubtful account allowance	1,590,000	1,848,000
Other	2,000	3,000
Income tax overpayment	46,000	253,000
Inventories, net	2,366,000	2,304,000
Prepaid expenses	129,000	193,000
Total Current Assets	38,242,000	37,439,000
Property and Equipment, net, at cost	908,000	739,000
Other Assets
Investment in Limited Land Partnership, at cost	273,000	273,000
Projects in process	56,000	13,000
Other	1,000
Total Other Assets	330,000	286,000
TOTAL ASSETS	39,480,000	38,464,000
Current Liabilities
Accounts payable, trade	181,000	69,000
Dividends payable	1,416,000	1,416,000
Accrued expenses:
Payroll and related expenses	140,000	308,000
Property taxes	5,000
Total Current Liabilities	1,742,000	1,793,000
Long-Term Liabilities
Deferred income taxes	1,141,000	906,000
Total Long-Term Liabilities	1,141,000	906,000
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	1,555,000	1,239,000
Retained earnings	36,499,000	35,981,000
Less: treasury stock, 3,557,931 and 3,557,606 shares, at cost	(4,142,000)	(4,140,000)
Total Stockholders' Equity	36,597,000	35,765,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 39,480,000	$ 38,464,000