Note 5 - Plant, Property, and Equipment, Net

6 Months Ended

Sep. 30, 2017

Notes

Note 5 - Plant, Property, and Equipment, Net

NOTE 5 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of property and equipment were as follows:

	September 30,		March 31,
	2017		2017
Machinery and equipment	$	3,405,548	$	2,254,813
Office equipment		728,541		717,259
Building		12,891,625		12,401,320
Leasehold improvements		4,017,706		2,803,052
Subtotal		21,043,420		18,176,444
Less: Accumulated depreciation and amortization		(4,461,404)		(3,689,309)
Total plant, property and equipment, net	$	16,582,016	$	14,487,135

The depreciation and amortization expense for the three months ended September 30, 2017 and 2016 was $327,864 and $181,287, respectively.

The depreciation and amortization expense for the six months ended September 30, 2017 and 2016 was $615,112 and $357,812 respectively.