INCOME TAXES (Tables)

12 Months Ended

Mar. 29, 2013

Income Taxes Tables

Schedule of provision for income taxes

	March 29,
	2013
Current:
Federal	$	351,763
State and local		271,377
Total current tax provision		623,140
Deferred:
Federal		174,237
State and local		53,587
Total deferred tax benefit		227,824
Total provision (benefit)	$	850,964

Schedule of components of the Company's deferred taxes

Deferred tax assets:
Accounts receivable reserves	$	11,562
Accrued expenses		500,751
Prepaid expenses		(183,561	)
		328,752
Deferred tax liabilities:
Depreciation		(38,729	)
Net deferred tax assets before valuation allowance		290,023
Valuation allowance		(290,023	)
Net deferred tax assets	$	—

Schedule of reconciliation of the income tax benefit

	March 29,
	2013
Income tax expense (benefit) – statutory rate		34%
Income tax expenses – state and local, net of federal benefit		12%
Income tax expense (benefit)		46%