FACTORS USED IN COMPUTATIONS

12-31-03

12-31-04

12-31-05

Industry
Average



Cash and equivalents

31,191 8,041 3,839


Accounts receivable - beginning of year

682,770 831,112 1,086,025


Accounts receivable - end of year

831,112

1,086,025 1,284,899


Inventory - beginning of year

425,035 373,559 388,481


Inventory - end of year

373,559 388,481 452,222


Prepaid expenses

0

750 967

Total current assets
1,239,095 1,499,772 1,758,149

Total property, plant ad equipment
571,689 817,425 865,630

Total accumulated depreciation
483,603 489,513 621,401

Total assets - beginning of year
1,329,997 1,328,188 1,828,691

Total assets - end of year
1,328,188 1,828,691 2,003,010

Current portion of long-term debt
59,485 89,166 80,597

Accounts payable - beginning of year
412,245 691,790 982,168

Accounts payable - end of year
691,791 982,168 968,012

Total current liabilities
954,754 1,347,890 1,548,601

Total long-term debt
78,467 227,686 168,450

Total liabilities
1,033,221 1,575,576 1,717,051

Notes payable to owners
0 0 0

Retained earnings
246,166 204,314 237,158

Stockholders' equity - beginning of year
349,658 294,967 253,115

Stockholders' equity - end of year
294,967 253,115 285,959

Prior year sales
5,637,280 6,370,493 7,187,971

Current year sales
6,370,493 7,187,971 8,191,767

Purchases
4,424,793 5,048,906 5,643,560

Cost of sales
4,397,672 4,969,490 5,503,060

Bad debt expense
0 0 0

Officers', directors' and owners compensation
565,000 917,500 1,154,533

Amortization expense
0 0 0

Depreciation expense
63,415 99,080 131,887

Repairs and maintenance
18,399 8,224 12,420

Provision for Federal Income Taxes
0 0 0

Operating expenses
1,789,147 2,320,555 2,606,678

Interest expense
43,280 40,627 46,059

Other expenses (net) - including interest expense
41,501 59,616 43,914

Net income (loss)
142,170 (42,458) 38,115







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