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BALANCE SHEETS - USD ($)
Dec. 25, 2015
Mar. 27, 2015
CURRENT ASSETS:    
Cash $ 2,214,908 $ 1,721,410
Accounts receivable, less allowances for doubtful accounts of $11,562 at December 25, 2015 and March 27, 2015 2,361,350 2,226,707
Inventories (Note 3) 6,921,635 6,749,659
Excess payments to accounts receivable factor (Note 6) 492,744 43,041
Prepaid expenses and other current assets (Note 4) 552,719 354,451
Total Current Assets 12,543,356 11,095,268
PROPERTY, PLANT AND EQUIPMENT, less accumulated depreciation and amortization of $8,484,306 at December 25, 2015 and $8,272,106 March 27, 2015 (Note 5) 1,816,374 1,691,541
OTHER ASSETS:    
Other assets 54,363 54,361
Total Assets 14,414,093 12,841,170
CURRENT LIABILITIES:    
Accounts payable 550,413 138,653
Accrued corporate income taxes 162,507 181,934
Other current liabilities (Note 7) 505,013 630,125
Total Current Liabilities 1,217,933 950,712
Total Liabilities 1,217,933 950,712
STOCKHOLDERS' EQUITY:    
Common stock, $.01 par value; 10,000,000 shares authorized; 2,303,468 shares issued and outstanding at December 25, 2015 and March 27, 2015 23,035 23,035
Capital in excess of par value 2,744,573 2,744,573
Retained earnings (Note 8) 10,428,552 9,122,850
Total Stockholders' Equity 13,196,160 11,890,458
Total Liabilities and Stockholders' Equity $ 14,414,093 $ 12,841,170