PROPERTY, PLANT AND EQUIPMENT, NET

3 Months Ended

Jun. 30, 2016

PROPERTY, PLANT AND EQUIPMENT, NET.

PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 4 — PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consisted of the following as of:

	June 30, 2016			March 31, 2016
Land	$	110,113		$	110,113
Building and improvements	3,252,908			3,252,908
Machinery equipment, furniture and fixtures	8,418,243			8,418,243
Equipment under capital leases	65,568			65,568
Total property, plant and equipment	11,846,832			11,846,832
Less: accumulated depreciation	(7,208,698		)	(7,032,648		)
Total property, plant and equipment, net	$	4,638,134		$	4,814,184

Depreciation expense for the three months ended June 30, 2016 and 2015 was $176,050 and $197,228, respectively.