Note 4 - Plant, Property, and Equipment, Net

6 Months Ended

Sep. 30, 2015

Notes

Note 4 - Plant, Property, and Equipment, Net

NOTE 4 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of property and equipment were as follows:

	September 30,		March 31,
	2015		2015
Machinery & Equipment	$	1,794,701	$	1,495,311
Office equipment and automobiles		233,818		193,519
Building		13,012,067		12,586,247
Leasehold Improvements		1,257,605		1,302,465
Subtotal		16,298,191		15,577,542
Less: Accumulated Depreciation & Amortization		(2,925,676)		(2,713,381)
Total plant, property and equipment, net	$	13,372,515	$	12,864,161

The depreciation and amortization expense for the three months ended September 30, 2015 and 2014 was $160,993 and $146,269, respectively.

The depreciation and amortization expense for the six months ended September 30, 2015 and 2014 was $314,212 and $291,204, respectively.