Contract Liabilities: (Tables)

6 Months Ended

Jun. 27, 2020

Contract Liabilities:

Schedule of activity of current and noncurrent deferred franchise revenue

	June 27, 2020		June 29, 2019
Balance at beginning of period	$	9,575,500	$	10,177,300
Franchise and software license fees collected from franchisees, excluding amount earned as revenue during the period		473,500		598,400
Fees earned that were included in the balance at the beginning of the period		(885,600)		(956,300)
Balance at end of period	$	9,163,400	$	9,819,400

Schedule of future estimated revenue to be recognized related to performance obligations

Contract Liabilities expected to be recognized in	Amount
2020	$	837,600
2021		1,625,300
2022		1,480,400
2023		1,309,100
2024		1,111,400
Thereafter		2,799,600
	$	9,163,400