Quarterly report pursuant to Section 13 or 15(d)

4. ACCOUNTS RECEIVABLE

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4. ACCOUNTS RECEIVABLE
3 Months Ended
Mar. 31, 2013
Accounts Receivable  
NOTE D - ACCOUNTS RECEIVABLE

Components of accounts receivable as of March 31, 2013 and December 31, 2012 are as follows:

 

    March 31,
2013
    December 31,
2012
 
Accounts receivable   $ 1,724,062     $ 3,096,914  
Allowance for doubtful accounts     (26,451 )     (70,807 )
Accounts receivable, net   $ 1,697,611     $ 3,026,107