Quarterly report pursuant to Section 13 or 15(d)

E. INVENTORIES

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E. INVENTORIES
3 Months Ended
Mar. 31, 2015
Inventory Disclosure [Abstract]  
NOTE E - INVENTORY

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

 

    March 31,
2015
    December 31,
2014
 
Product purchased for resale   $ 1,401,592     $ 1,220,600  
Reserve for obsolescence     (243,350 )     (193,350 )
Inventory, net   $ 1,158,242     $ 1,027,250