Inventories consist of the following:
| |
|
May 31, 2021
|
|
|
February 28, 2021
|
|
|
Current:
|
|
|
|
|
|
|
|
|
|
Book inventory
|
|
$ |
57,052,600 |
|
|
$ |
52,276,200 |
|
|
Inventory valuation allowance
|
|
|
(497,500 |
)
|
|
|
(513,800 |
)
|
|
Inventories net – current
|
|
$ |
56,555,100 |
|
|
$ |
51,762,400 |
|
| |
|
|
|
|
|
|
|
|
|
Noncurrent:
|
|
|
|
|
|
|
|
|
|
Book inventory
|
|
$ |
1,005,600 |
|
|
$ |
894,300 |
|
|
Inventory valuation allowance
|
|
|
(245,000 |
)
|
|
|
(209,000 |
)
|
|
Inventories net – noncurrent
|
|
$ |
760,600 |
|
|
$ |
685,300 |
|
|