INVENTORIES

9 Months Ended

Sep. 30, 2022

INVENTORIES

INVENTORIES

NOTE 9.    INVENTORIES

Inventories are valued at the lower of cost or net realizable value and computed on a first-in, first-out basis. Components of inventories were as follows:

	September 30,		December 31,
	2022		2021
Parts and raw materials	$	311,748	$	261,365
Work in process		28,860		24,222
Finished goods		68,814		52,823
Total	$	409,422	$	338,410