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BALANCE SHEETS - USD ($)
Mar. 30, 2018
Mar. 31, 2017
CURRENT ASSETS:    
Cash $ 1,407,013 $ 1,210,761
Accounts receivable, less allowances for doubtful accounts of $11,562 at March 30, 2018 and March 31, 2017 4,429,267 3,107,670
Inventories (Note 2) 10,751,498 8,685,988
Excess payments to accounts receivable factor (Note 5) 154,960 191,430
Prepaid expenses and other current assets (Note 3) 489,594 1,308,038
Total Current Assets 17,232,332 14,503,887
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $9,377,361 at March 30, 2018 and $9,047,324 at March 31, 2017 and (Note 4) 2,066,155 2,019,150
OTHER ASSETS:    
Other assets 54,489 54,451
Total Assets 19,352,976 16,577,488
CURRENT LIABILITIES:    
Accounts payable 576,629 235,187
Accrued corporate income taxes 935,762 599,739
Other current liabilities (Note 6) 768,369 688,018
Total Current Liabilities 2,280,760 1,522,944
Total Liabilities 2,280,760 1,522,944
STOCKHOLDERS' EQUITY:    
Common Stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at March 30, 2018 and 2,303,468 shares issued and outstanding at March 31, 2017 23,035 23,035
Capital in excess of par value 2,744,573 2,744,573
Retained earnings (Note 8) 14,304,608 12,286,936
Total Stockholders' Equity 17,072,216 15,054,544
Total Liabilities and Stockholders' Equity $ 19,352,976 $ 16,577,488