INCOME TAXES (Tables)

12 Months Ended

Mar. 28, 2014

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

The provision for income taxes consists of the following:

	March 28,
	2014
Current:
Federal	$	489,997
State and local		346,492
Total current tax provision		836,489
Deferred:
Federal		242,708
State and local		68,419
Total deferred tax benefit		311,127
Total provision (benefit)	$	1,147,616

Schedule of components of the Company's deferred taxes

The components of the Company’s deferred taxes at March 28, 2014 are as follows:

Deferred tax assets:
Accounts receivable reserves	$	11,562
Accrued expenses		551,538
Prepaid expenses		(48,019	)
		515,081
Deferred tax liabilities:
Depreciation		17,224
Net deferred tax assets  before valuation allowance		532,305
Valuation allowance		(532,305	)
Net deferred tax assets	$	—

Schedule of reconciliation of the income tax benefit

A reconciliation of the income tax benefit at the statutory Federal tax rate of 34 % to the income tax benefit recognized in the financial statements is as follows:

	March 28,
	2014
Income tax expense (benefit) – statutory rate		34	%
Income tax expenses – state and local, net of federal benefit		12	%
Income tax expense (benefit)		46	%