Inventories consist of the following:
| |
|
2020
|
|
| |
|
May 31,
|
|
|
February 29,
|
|
|
Current:
|
|
|
|
|
|
|
|
|
|
Book inventory
|
|
$ |
27,479,000 |
|
|
$ |
30,346,900 |
|
|
Inventory valuation allowance
|
|
|
(316,600 |
)
|
|
|
(259,600 |
)
|
|
Inventories net – current
|
|
$ |
27,162,400 |
|
|
$ |
30,087,300 |
|
| |
|
|
|
|
|
|
|
|
|
Noncurrent:
|
|
|
|
|
|
|
|
|
|
Book inventory
|
|
$ |
1,021,400 |
|
|
$ |
1,226,500 |
|
|
Inventory valuation allowance
|
|
|
(240,600 |
)
|
|
|
(209,800 |
)
|
|
Inventories net – noncurrent
|
|
$ |
780,800 |
|
|
$ |
1,016,700 |
|
|