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v2.4.0.6
Deferred Inventory Costs
12 Months Ended
Dec. 31, 2011
Notes to Financial Statements  
Deferred Inventory Costs

 

6.      DEFERRED INVENTORY COSTS

 

The deferred inventory costs represented prepayment to suppliers for future inventory delivery. As of December 31, 2011 and 2010, the balances of deferred inventory costs are $3,079,930 and 2,453,892 respectively. These costs will be transferred to inventories at the time of inventory delivery.