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OTHER NONCURRENT ASSETS
6 Months Ended
Sep. 30, 2016
OTHER NONCURRENT ASSETS  
OTHER NONCURRENT ASSETS

NOTE 7 — OTHER NONCURRENT ASSETS

 

Other noncurrent assets included the following as of:

 

 

 

September 30,
2016

 

March 31,
2016

 

Fixed assets held for sale

 

$

123,900 

 

$

123,900 

 

Deposit for new equipment

 

47,500 

 

 

Other

 

5,763 

 

52,444 

 

 

 

 

 

 

 

Total

 

$

177,163 

 

$

176,344 

 

 

 

 

 

 

 

 

 

 

On March 31, 2016, we classified certain machinery and equipment in the amount of $123,900 to fixed assets held for sale. This amount approximates fair value net of selling costs and we expect to sell these fixed assets before the end of fiscal 2017.