Contract Liabilities: (Tables)

3 Months Ended

Mar. 28, 2020

Contract Liabilities:

Schedule of activity of current and noncurrent deferred franchise revenue

	March 28, 2020		March 30, 2019
Balance at beginning of period	$	9,575,500	$	10,177,300
Franchise and software license fees collected from franchisees, excluding amount earned as revenue during the period		372,500		292,000
Fees earned that were included in the balance at the beginning of the period		(468,000)		(470,700)
Balance at end of period	$	9,480,000	$	9,998,600

Schedule of future estimated revenue to be recognized related to performance obligations

Contract Liabilities expected to be recognized in	Amount
2020	$	1,259,000
2021		1,612,900
2022		1,468,000
2023		1,296,700
2024		1,099,000
Thereafter		2,744,400
	$	9,480,000