Note 4 - Plant, Property, and Equipment, Net

3 Months Ended

Jun. 30, 2018

Notes

Note 4 - Plant, Property, and Equipment, Net

NOTE 4 – PLANT, PROPERTY, AND EQUIPMENT, NET

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

	June 30,		March 31,
	2018		2018
Machinery and equipment	$	3,416,384	$	3,594,861
Office equipment and automobiles		799,630		769,589
Building		12,931,177		13,606,722
Leasehold improvements		4,030,033		4,240,568
Subtotal		21,177,224		22,211,740
Less: Accumulated depreciation and amortization		(5,489,411)		(5,418,327)
Total plant, property and equipment, net	$	15,687,813	$	16,793,413

The depreciation and amortization expense for the three months ended June 30, 2018 and 2017 was $352,766 and $287,248, respectively.