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Note 3 - Operating Leases: Schedule of Components of Prepaid Leases (Tables)
12 Months Ended
Mar. 31, 2016
Tables/Schedules  
Schedule of Components of Prepaid Leases

 

 

As of March 31, 2016

 

 

Current portion

 

 

Long-term

Shiqiao Village and – 2000Mu

 

$

309,540

 

 

$

386,925

Shandong Wanziyuan – 2000Mu

 

 

309,540

 

 

 

851,235

Zhongce No. 4 Village – 200Mu

 

 

30,954

 

 

 

59,329

Zhongce Shen Village - 2000Mu

 

 

309,540

 

 

 

1,006,005

Total prepaid land lease

 

 

959,574

 

 

 

2,303,494

Shandong YCT - Automobile

 

 

2,035

 

 

 

9,156

Total prepaid lease

 

$

961,609

 

 

$

2,312,650