Contract Liabilities: (Tables)

3 Months Ended

Mar. 27, 2021

Contract Liabilities:

Schedule of activity of current and noncurrent deferred franchise revenue

	March 27, 2021		March 28, 2020
Balance at beginning of period	$	8,708,300	$	9,575,500
Franchise and software license fees collected from franchisees, excluding amount earned as revenue during the period		355,700		372,500
Fees earned that were included in the balance at the beginning of the period		(440,600)		(468,000)
Balance at end of period	$	8,623,400	$	9,480,000

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

Contract Liabilities expected to be recognized in	Amount
2021	$	1,220,200
2022		1,537,400
2023		1,366,200
2024		1,168,400
2025		952,100
Thereafter		2,379,100
	$	8,623,400