Annual report pursuant to Section 13 and 15(d)

4. ACCOUNTS RECEIVABLE

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4. ACCOUNTS RECEIVABLE
 12 Months Ended
Dec. 31, 2012
Accounts Receivable  
NOTE D - ACCOUNTS RECEIVABLE

Components of accounts receivable as of December 31, 2012 and 2011 are as follows:

 

    2012     2011  
Accounts receivable   $ 3,096,914       1,421,411  
Allowance for doubtful accounts     (70,807 )     (115,400 )
Accounts receivable, net   $ 3,026,107     $ 1,306,011