Condensed Balance Sheets - USD ($)	Jul. 31, 2019	Apr. 30, 2019
Current Assets:
Cash and cash equivalents	$ 5,667,000	$ 4,873,000
Investments and securities, at fair value	27,657,000	27,291,000
Accounts receivable:
Trade, net of $8,764 and $9,321 doubtful account allowance	2,534,000	2,696,000
Other	4,000	6,000
Income tax overpayment		259,000
Inventories, net	4,863,000	4,583,000
Prepaid expenses	320,000	282,000
Total Current Assets	41,045,000	39,990,000
Property and Equipment, net, at cost	1,095,000	984,000
Other Assets
Investment in Limited Land Partnership, at cost	293,000	293,000
Projects in process	1,000	117,000
Other	3,000	3,000
Total Other Assets	297,000	413,000
Intangible assets, net	1,609,000	1,640,000
TOTAL ASSETS	44,046,000	43,027,000
Current Liabilities
Accounts payable, trade	261,000	206,000
Dividends payable	1,714,000	1,714,000
Accrued expenses:
Payroll and related expenses	287,000	356,000
Property taxes	3,000
Income tax payable	30,000
Total Current Liabilities	2,295,000	2,276,000
Long-Term Liabilities
Deferred income taxes	1,247,000	1,198,000
Total Long-Term Liabilities	1,247,000	1,198,000
Total Liabilities	3,542,000	3,474,000
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	1,934,000	1,934,000
Accumulated other comprehensive income	2,890,000	2,752,000
Retained earnings	39,011,000	38,145,000
Less: treasury stock, 3,550,571 and 3,544,271 shares, at cost	(4,280,000)	(4,227,000)
Total Stockholders' Equity	40,504,000	39,553,000
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 44,046,000	$ 43,027,000