Contract Liabilities: (Tables)

9 Months Ended

Sep. 26, 2020

Contract Liabilities:

Schedule of activity of current and noncurrent deferred franchise revenue

	September 26, 2020		September 28, 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		656,700		979,700
Fees earned that were included in the balance at the beginning of the period		(1,287,000)		(1,394,200)
Balance at end of period	$	8,945,200	$	9,762,800

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

Contract Liabilities expected to be recognized in	Amount
2020	$	425,500
2021		1,642,800
2022		1,497,800
2023		1,326,600
2024		1,128,800
Thereafter		2,923,700
	$	8,945,200