Note 4 - Plant, Property, and Equipment, Net

3 Months Ended

Jun. 30, 2016

Notes

Note 4 - Plant, Property, and Equipment, Net

NOTE 4 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of property and equipment were as follows:

	June 30,		March 31,
	2016		2016
Machinery & Equipment	$	1,723,191	$	1,740,751
Office equipment and automobiles		474,300		486,779
Building		12,885,075		12,605,012
Leasehold Improvements		1,206,418		1,238,160
Subtotal		16,288,984		16,070,702
Less: Accumulated Depreciation & Amortization		(3,289,603)		(3,197,705)
Total plant, property and equipment, net	$	12,999,381	$	12,872,997

The depreciation and amortization expense for the three months ended June 30, 2016 and 2015 was $176,525 and $153,219, respectively.