” the following discussion of our financial condition and results of operations should also be read in conjunction with our financial statements and notes to financial statements contained in item 8 of this report . 12 financial position we believe that our consolidated balance sheet indicates a strong financial position . during fiscal year 2013 , we increased our current liabilities by 20.2 % , and decreased long-term liabilities by 12.1 % for a total increase of approximately $ 208,000. we accessed $ 3,350,000 on our line of credit primarily to acquire the assets of ohio metal working products company in canton , ohio ( see below ) . we also decreased net term debt by $ 985,000. total current assets decreased by approximately 2.4 % , or $ 483,000. we expect our access to capital will continue to provide future cash for equipment investments , acquisitions , or debt pay down . we believe our working capital is strong as we move into 2014 , because we currently have $ 3,800,000 available on our line of credit as of november 30 , 2013. we also expect to obtain permanent financing in connection with the purchase of ohio metal working products company as discussed under the heading “ liquidity and capital resources . ” on june 25 , 2013 , we acquired the inventory and equipment of agro trend , a division of rojac industries , inc. of clifford , ontario , canada . agro trend distributes agricultural equipment and manufactures commercial snow blowers and agricultural trailers . most of the existing agro trend operational team was retained to continue the manufacture of snow blowers and trailers . the acquired assets and operations are reported with our agricultural products segment . for additional information on this acquisition , please see note 13 to “ item 8. financial statements and supplementary data . ” additionally , on september 30 , 2013 , we acquired the inventory , equipment , land , and building of ohio metal working products company in canton , ohio . ohio metal working products company is a domestic manufacturer and distributor of standard single point brazed carbide tipped tools as well as pcd ( polycrystalline diamond ) and cbn ( cubic boron nitride ) inserts and tools . the existing ohio metal working products company operational team was retained to continue the manufacturing of the carbide , pcd , and cbn tipped tools and inserts . the acquired assets and operations will be reported in a new segment called tools for financial reporting purposes . for additional information on this acquisition , please see note 13 to “ item 8. financial statements and supplementary data . ” critical accounting policies our significant accounting policies are described in note 1 to our consolidated financial statements contained in item 8 of this report , which were prepared in accordance with generally accepted accounting principles . critical accounting policies are those that we believe are both important to the portrayal of our financial condition and results and require our most difficult , subjective or complex judgments , often as a result of the need to make estimates about the effect of matters that are inherently uncertain . we believe that the following discussion represents the most critical accounting policies and estimates used in the preparation of our consolidated financial statements , although it is not inclusive . inventories inventories are stated at the lower of cost or market , and cost is determined using the standard costing method . management monitors the carrying value of inventories using inventory control and review processes that include , but are not limited to , sales forecast review , inventory status reports , and inventory reduction programs . we record inventory write downs to market based on expected usage information for raw materials and historical selling trends for finished goods . if the assumptions made by management do not occur , we may need to record additional write downs . income taxes income taxes are accounted for under the asset and liability method . deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases . deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date . in assessing the reliability of deferred tax assets , management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized . the ultimate realization of deferred tax assets is entirely dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible . management considers the scheduled reversals of deferred tax liabilities , projected future taxable income , and tax planning strategies in making this assessment . 13 revenue recognition revenue is recognized when risk of ownership and title pass to the buyer , generally upon the shipment of the product . all sales are made to authorized dealers whose application for dealer status has been approved and who have been informed of general sales policies . any changes in company terms are documented in the most recently published price lists . pricing is fixed and determinable according to the company 's published equipment and parts price lists . story_separator_special_tag our agricultural products segment 's sales revenue for the fiscal year ended november 30 , 2013 was $ 28,199,000 , compared to $ 24,720,000 during the same period of 2012 , an increase of $ 3,479,000 , or 14.1 % . the increase was due to additional sales in our beet harvester and miller pro box product lines , the acquisition of universal harvester co. , inc. ( uhc ) and the associated product lines , and the acquisition of agro trend and the associated product lines . the sales increase in our beet harvester and miller pro box product lines totaled $ 2,489,000. the incremental revenue from our first full year of production at uhc was $ 996,000. total sales revenue from the new agro trend brand , art's-way international ( awi ) , starting at our purchase date of june 25 , 2013 to november 30 , 2013 , was $ 394,000. offsetting these increases was a $ 365,000 decrease in revenue in our service parts . gross profit for the fiscal year ended november 30 , 2013 was 23.1 % , compared to 28.1 % for the same period in 2012. this decrease in margin was due to changes in product mix , the absorption of the new acquisitions into the company , the reduction of sales at uhc due to research and development at our oems , oem inventory draw-downs at uhc , and labor inefficiencies . our agricultural products segment 's operating expenses for the fiscal year ended november 30 , 2013 were $ 5,275,000 , compared to $ 4,572,000 for the same period in 2012 , an increase of $ 703,000 or 15.4 % . this segment 's operating expenses for the fiscal year ended november 30 , 2013 were 18.7 % of sales , compared to 18.5 % of sales for the same period in 2012. the increases in operating expenses are due to an increase in selling expenses , as well as increased operating expenses due to the addition of uhc and awi . total income from operations for our agricultural products segment during the fiscal year ended november 30 , 2013 was $ 1,234,000 , compared to $ 2,373,000 for the same period in 2012 , a decrease of $ 1,139,000 or 48.0 % . pressurized vessels . our pressurized vessels segment 's net sales for the fiscal year ended november 30 , 2013 were $ 2,137,000 , compared to $ 2,092,000 for the same period in 2012 , an increase of $ 45,000 , or 2.2 % . this increase is attributable to higher sales volume . we have been working diligently to improve the consistency of our quality of goods and delivery of product . these improvements have helped us to capture additional sales as well as retain repeat customers . fiscal year 2013 gross margin was 10.9 % compared to 7.0 % as of november 30 , 2012. the additional sales have been the main contributor to the improved margins . modular buildings . our modular buildings segment 's net sales for the fiscal year ended november 30 , 2013 were $ 3,240,000 compared to $ 9,645,000 for the same period in 2012 , a decrease of $ 6,405,000 , or 66.4 % . late in 2011 we secured a large job with whiting turner to produce a facility for stanford university for approximately $ 9,000,000. that project significantly increased our sales in 2012. gross profit for the fiscal year ended november 30 , 2013 was $ 1,441,000 compared to $ 2,941,000 during the same period of 2012 , a decrease of $ 1,500,000 , or 51.0 % . the decrease was primarily attributable to the completion in 2012 of an approximately $ 7,000,000 fabrication and delivery contract executed in january 2012 and an approximately $ 1,700,000 installation contract executed in april 2012. art's-way scientific was hired to design , fabricate , and install twenty-four modular units over the course of approximately one year for one of the world 's leading research and teaching institutions . most of the revenue for the contract was recognized during 2012. operating expenses for the fiscal year ended november 30 , 2013 were $ 769,000 compared to $ 859,000 for the same period in 2012 , a decrease of $ 90,000 , or 10.5 % . this decrease is primarily attributable to the decrease in production activity . as a percentage of sales our operating expenses were 23.7 % in 2013 compared to 8.9 % in 2012. income from operations for the fiscal year ended november 30 , 2013 was $ 672,000 compared to $ 2,082,000 for the same period in 2012 , a decrease of $ 1,410,000 , or 67.7 % , which is a result of the 2012 completion of the contract mentioned above . tools . on september 30 , 2013 , the company acquired the assets of ohio metal working products company . for financial reporting purposes , a new segment called tools was created . total sales revenue from the new brand , ohio metal working products/art's-way , inc. , starting at our purchase date of september 30 , 2013 to november 30 , 2013 was $ 651,000. gross margin for that period was 28.1 % . 15 trends and uncertainties we are subject to a number of trends and uncertainties that may affect our short-term or long-term liquidity , sales revenues and operations . similar to other farm equipment manufacturers , we are affected by items unique to the farm industry , including fluctuations in farm income resulting from the change in commodity prices , crop damage caused by weather and insects , government farm programs , interest rate fluctuations , and other unpredictable variables . other uncertainties include our oem customers and the decisions they make regarding their current supply chain structure , inventory levels , and overall business conditions . management believes that our business is dependent on the farming industry for the bulk

liquidity and capital resources a main source of funds during fiscal 2013 was proceeds from the sale of the land near armstrong , iowa which totaled $ 836,000 for the fiscal year ended november 30 , 2013. accounts receivable , including allowance for doubtful accounts , increased by $ 222,000 and inventory decreased by $ 770,000 , exclusive of acquisitions . accounts payable and accrued liabilities decreased by $ 2,082,000 primarily as the result of income tax payments and advance payments received in fiscal 2012 on the modular building segment 's job for stanford university . art's-way used $ 842,000 of cash to update facilities and equipment . we have an $ 8,000,000 revolving line of credit with us bank , pursuant to which we had borrowed $ 3,350,000 as of november 30 , 2013 to acquire the ohio metal working products company . we expect to obtain permanent financing for the acquisition in the future . in addition , we have five term loans from us bank , which had outstanding principal balances of $ 2,115,000 , $ 708,000 , $ 1,693,000 , $ 956,000 , and $ 1,085,000 as of november 30 , 2013. we also have a loan relating to our production facility in west union , iowa , from the iowa finance authority , which had an outstanding balance of $ 905,000 as of november 30 , 2013.


 Write a concise suspicious activity report of the following text delimited by triple backquotes. Return your response as a formal report which covers the key points highlighting the location,dates,entity names and account holder information in chronological order of the text.
     ```liquidity and capital resources a main source of funds during fiscal 2013 was proceeds from the sale of the land near armstrong , iowa which totaled $ 836,000 for the fiscal year ended november 30 , 2013. accounts receivable , including allowance for doubtful accounts , increased by $ 222,000 and inventory decreased by $ 770,000 , exclusive of acquisitions . accounts payable and accrued liabilities decreased by $ 2,082,000 primarily as the result of income tax payments and advance payments received in fiscal 2012 on the modular building segment 's job for stanford university . art's-way used $ 842,000 of cash to update facilities and equipment . we have an $ 8,000,000 revolving line of credit with us bank , pursuant to which we had borrowed $ 3,350,000 as of november 30 , 2013 to acquire the ohio metal working products company . we expect to obtain permanent financing for the acquisition in the future . in addition , we have five term loans from us bank , which had outstanding principal balances of $ 2,115,000 , $ 708,000 , $ 1,693,000 , $ 956,000 , and $ 1,085,000 as of november 30 , 2013. we also have a loan relating to our production facility in west union , iowa , from the iowa finance authority , which had an outstanding balance of $ 905,000 as of november 30 , 2013.
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 Suspicious Activity Report : ” the following discussion of our financial condition and results of operations should also be read in conjunction with our financial statements and notes to financial statements contained in item 8 of this report . 12 financial position we believe that our consolidated balance sheet indicates a strong financial position . during fiscal year 2013 , we increased our current liabilities by 20.2 % , and decreased long-term liabilities by 12.1 % for a total increase of approximately $ 208,000. we accessed $ 3,350,000 on our line of credit primarily to acquire the assets of ohio metal working products company in canton , ohio ( see below ) . we also decreased net term debt by $ 985,000. total current assets decreased by approximately 2.4 % , or $ 483,000. we expect our access to capital will continue to provide future cash for equipment investments , acquisitions , or debt pay down . we believe our working capital is strong as we move into 2014 , because we currently have $ 3,800,000 available on our line of credit as of november 30 , 2013. we also expect to obtain permanent financing in connection with the purchase of ohio metal working products company as discussed under the heading “ liquidity and capital resources . ” on june 25 , 2013 , we acquired the inventory and equipment of agro trend , a division of rojac industries , inc. of clifford , ontario , canada . agro trend distributes agricultural equipment and manufactures commercial snow blowers and agricultural trailers . most of the existing agro trend operational team was retained to continue the manufacture of snow blowers and trailers . the acquired assets and operations are reported with our agricultural products segment . for additional information on this acquisition , please see note 13 to “ item 8. financial statements and supplementary data . ” additionally , on september 30 , 2013 , we acquired the inventory , equipment , land , and building of ohio metal working products company in canton , ohio . ohio metal working products company is a domestic manufacturer and distributor of standard single point brazed carbide tipped tools as well as pcd ( polycrystalline diamond ) and cbn ( cubic boron nitride ) inserts and tools . the existing ohio metal working products company operational team was retained to continue the manufacturing of the carbide , pcd , and cbn tipped tools and inserts . the acquired assets and operations will be reported in a new segment called tools for financial reporting purposes . for additional information on this acquisition , please see note 13 to “ item 8. financial statements and supplementary data . ” critical accounting policies our significant accounting policies are described in note 1 to our consolidated financial statements contained in item 8 of this report , which were prepared in accordance with generally accepted accounting principles . critical accounting policies are those that we believe are both important to the portrayal of our financial condition and results and require our most difficult , subjective or complex judgments , often as a result of the need to make estimates about the effect of matters that are inherently uncertain . we believe that the following discussion represents the most critical accounting policies and estimates used in the preparation of our consolidated financial statements , although it is not inclusive . inventories inventories are stated at the lower of cost or market , and cost is determined using the standard costing method . management monitors the carrying value of inventories using inventory control and review processes that include , but are not limited to , sales forecast review , inventory status reports , and inventory reduction programs . we record inventory write downs to market based on expected usage information for raw materials and historical selling trends for finished goods . if the assumptions made by management do not occur , we may need to record additional write downs . income taxes income taxes are accounted for under the asset and liability method . deferred tax assets and liabilities are recognized for the estimated future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases . deferred tax assets and liabilities are measured using enacted tax rates in effect for the year in which those temporary differences are expected to be recovered or settled . the effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date . in assessing the reliability of deferred tax assets , management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized . the ultimate realization of deferred tax assets is entirely dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible . management considers the scheduled reversals of deferred tax liabilities , projected future taxable income , and tax planning strategies in making this assessment . 13 revenue recognition revenue is recognized when risk of ownership and title pass to the buyer , generally upon the shipment of the product . all sales are made to authorized dealers whose application for dealer status has been approved and who have been informed of general sales policies . any changes in company terms are documented in the most recently published price lists . pricing is fixed and determinable according to the company 's published equipment and parts price lists . story_separator_special_tag our agricultural products segment 's sales revenue for the fiscal year ended november 30 , 2013 was $ 28,199,000 , compared to $ 24,720,000 during the same period of 2012 , an increase of $ 3,479,000 , or 14.1 % . the increase was due to additional sales in our beet harvester and miller pro box product lines , the acquisition of universal harvester co. , inc. ( uhc ) and the associated product lines , and the acquisition of agro trend and the associated product lines . the sales increase in our beet harvester and miller pro box product lines totaled $ 2,489,000. the incremental revenue from our first full year of production at uhc was $ 996,000. total sales revenue from the new agro trend brand , art's-way international ( awi ) , starting at our purchase date of june 25 , 2013 to november 30 , 2013 , was $ 394,000. offsetting these increases was a $ 365,000 decrease in revenue in our service parts . gross profit for the fiscal year ended november 30 , 2013 was 23.1 % , compared to 28.1 % for the same period in 2012. this decrease in margin was due to changes in product mix , the absorption of the new acquisitions into the company , the reduction of sales at uhc due to research and development at our oems , oem inventory draw-downs at uhc , and labor inefficiencies . our agricultural products segment 's operating expenses for the fiscal year ended november 30 , 2013 were $ 5,275,000 , compared to $ 4,572,000 for the same period in 2012 , an increase of $ 703,000 or 15.4 % . this segment 's operating expenses for the fiscal year ended november 30 , 2013 were 18.7 % of sales , compared to 18.5 % of sales for the same period in 2012. the increases in operating expenses are due to an increase in selling expenses , as well as increased operating expenses due to the addition of uhc and awi . total income from operations for our agricultural products segment during the fiscal year ended november 30 , 2013 was $ 1,234,000 , compared to $ 2,373,000 for the same period in 2012 , a decrease of $ 1,139,000 or 48.0 % . pressurized vessels . our pressurized vessels segment 's net sales for the fiscal year ended november 30 , 2013 were $ 2,137,000 , compared to $ 2,092,000 for the same period in 2012 , an increase of $ 45,000 , or 2.2 % . this increase is attributable to higher sales volume . we have been working diligently to improve the consistency of our quality of goods and delivery of product . these improvements have helped us to capture additional sales as well as retain repeat customers . fiscal year 2013 gross margin was 10.9 % compared to 7.0 % as of november 30 , 2012. the additional sales have been the main contributor to the improved margins . modular buildings . our modular buildings segment 's net sales for the fiscal year ended november 30 , 2013 were $ 3,240,000 compared to $ 9,645,000 for the same period in 2012 , a decrease of $ 6,405,000 , or 66.4 % . late in 2011 we secured a large job with whiting turner to produce a facility for stanford university for approximately $ 9,000,000. that project significantly increased our sales in 2012. gross profit for the fiscal year ended november 30 , 2013 was $ 1,441,000 compared to $ 2,941,000 during the same period of 2012 , a decrease of $ 1,500,000 , or 51.0 % . the decrease was primarily attributable to the completion in 2012 of an approximately $ 7,000,000 fabrication and delivery contract executed in january 2012 and an approximately $ 1,700,000 installation contract executed in april 2012. art's-way scientific was hired to design , fabricate , and install twenty-four modular units over the course of approximately one year for one of the world 's leading research and teaching institutions . most of the revenue for the contract was recognized during 2012. operating expenses for the fiscal year ended november 30 , 2013 were $ 769,000 compared to $ 859,000 for the same period in 2012 , a decrease of $ 90,000 , or 10.5 % . this decrease is primarily attributable to the decrease in production activity . as a percentage of sales our operating expenses were 23.7 % in 2013 compared to 8.9 % in 2012. income from operations for the fiscal year ended november 30 , 2013 was $ 672,000 compared to $ 2,082,000 for the same period in 2012 , a decrease of $ 1,410,000 , or 67.7 % , which is a result of the 2012 completion of the contract mentioned above . tools . on september 30 , 2013 , the company acquired the assets of ohio metal working products company . for financial reporting purposes , a new segment called tools was created . total sales revenue from the new brand , ohio metal working products/art's-way , inc. , starting at our purchase date of september 30 , 2013 to november 30 , 2013 was $ 651,000. gross margin for that period was 28.1 % . 15 trends and uncertainties we are subject to a number of trends and uncertainties that may affect our short-term or long-term liquidity , sales revenues and operations . similar to other farm equipment manufacturers , we are affected by items unique to the farm industry , including fluctuations in farm income resulting from the change in commodity prices , crop damage caused by weather and insects , government farm programs , interest rate fluctuations , and other unpredictable variables . other uncertainties include our oem customers and the decisions they make regarding their current supply chain structure , inventory levels , and overall business conditions . management believes that our business is dependent on the farming industry for the bulk

