Note 4 - Land, Buildings, and Equipment

12 Months Ended

Jul. 02, 2017

Notes to Financial Statements

Property, Plant and Equipment Disclosure [Text Block]

4.

LAND, BUILDINGS

, AND EQUIPMENT

Land, buildings

, and equipment, at cost, consisted of the following:

	July 2,		July 3,
	2017		2016
Buildings	$	18,666,152	$	18,666,152
Leasehold and building improvements		8,168,717		8,068,521
Bowling lanes and equipment		22,418,775		22,429,142
Land		10,510,308		10,516,607
Amusement games		17,519		726,471
Bowling lanes and equipment not yet in use		57,916		104,506
Total Land, Buildings, and Equipment		59,839,387		60,511,399
Less accumulated depreciation and amortization		40,978,609		40,987,543
Land, Buildings, and Equipment, net	$	18,860,778	$	19,523,856

Depreciation and amortization expense for buildings and equipment for fiscal years

2017

and

2016

was

$973,849,

and

$1,153,121,

respectively. The Company includes construction in progress costs in the bowling lanes and equipment

not

yet in use category until completion of the project. Bowling lanes

and equipment

not

yet in use are

not

depreciated.