Note 5 - Plant, Property, and Equipment, Net

12 Months Ended

Mar. 31, 2018

Notes

Note 5 - Plant, Property, and Equipment, Net

NOTE 5 – PLANT, PROPERTY, AND EQUIPMENT, NET

The components of plant, property and equipment were as follows:

	March 31, 2018		March 31, 2017
Machinery and equipment	$	3,594,861	$	2,254,813
Office equipment and automobiles		769,589		717,259
Building		13,606,722		12,401,320
Leasehold improvements		4,240,568		2,803,052
Subtotal		22,211,740		18,176,444
Less: Accumulated depreciation and amortization		(5,418,327)		(3,689,309)
Total plant, property and equipment, net	$	16,793,413	$	14,487,135

The depreciation and amortization expense of plant, property and equipment for the years ended March 31, 2018 and 2017 was $1,300,651 and $746,931, respectively.