5. Inventories

6 Months Ended

Dec. 31, 2016

Inventory Disclosure [Abstract]

Inventories

Inventories for financial statement purposes are based on perpetual inventory records at December 31, 2016 and based on a physical count as of June 30, 2016. Components of inventory are as follows:

	December 31, 2016		June 30, 2016
Raw materials	$	1,365,900	$	1,529,800
Work in process		392,600		425,300
Finished goods		366,500		457,000
	$	2,125,000	$	2,412,100