Note 5 - Plant, Property, and Equipment, Net

12 Months Ended

Mar. 31, 2016

Notes

Note 5 - Plant, Property, and Equipment, Net

NOTE 5 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of property and equipment were as follows:

	March 31, 2016		March 31, 2015
Machinery & equipment	$	1,740,751	$	1,495,311
Office equipment and automobiles		486,779		193,519
Building		12,605,012		12,586,247
Leasehold improvements		1,238,160		1,302,465
Subtotal		16,070,702		15,577,542
Less: Accumulated depreciation & amortization		(3,197,705)		(2,713,381)
Total plant, property and equipment, net	$	12,872,997	$	12,864,161

The depreciation and amortization expense of plant, property and equipment for the years ended March 31, 2016 and 2015 was $652,123 and $585,908, respectively.