Quarterly report pursuant to Section 13 or 15(d)

E. INVENTORIES

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E. INVENTORIES
9 Months Ended
Sep. 30, 2015
Inventory Disclosure [Abstract]  
NOTE E - INVENTORIES

Components of inventories as of September 30, 2015 and December 31, 2014 are as follows:

 

    September 30,
2015
    December 31,
2014
 
Product purchased for resale   $ 1,064,704     $ 1,220,600  
Reserve for obsolescence     (166,350 )     (193,350 )
Inventory, net   $ 898,354     $ 1,027,250