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PROPERTY, PLANT AND EQUIPMENT (Tables)
9 Months Ended
Dec. 31, 2014
PROPERTY, PLANT AND EQUIPMENT  
Schedule of components of property, plant and equipment, net

 

 

 

 

December 31, 2014

 

 

March 31, 2014

 

Land

 

$

110,113

 

 

$

110,113

 

Building and improvements

 

 

3,261,680

 

 

 

3,261,680

 

Machinery equipment, furniture and fixtures

 

 

8,943,410

 

 

 

8,889,051

 

Equipment under capital leases

 

 

65,568

 

 

 

65,568

 

Total property, plant and equipment

 

 

12,380,771

 

 

 

12,326,412

 

Less: accumulated depreciation

 

 

(6,470,941

)

 

 

(5,837,200

)

Total property, plant and equipment, net

 

$

5,909,830

 

 

$

6,489,212