Property and Equipment

12 Months Ended

Mar. 27, 2016

Note 4. Property and Equipment

All of the Company’s property and equipment is located in the United States and is summarized as follows:


	2016		2015

Land	$	4,740,800	$	4,740,800
Building, building improvements and leasehold improvements		21,437,200		21,375,500
Information technology equipment and computer software		28,856,300		25,751,500
Furniture, telephone system, equipment and tooling		7,732,600		7,809,400
		62,766,900		59,677,200
Less accumulated depreciation and amortization		(42,871,500)		(38,565,400)
Property and equipment, net	$	19,895,400	$	21,111,800

Depreciation and amortization of property and equipment was $4,730,000, $4,583,600, and $4,852,800 for fiscal years 2016, 2015 and 2014, respectively.

Capitalized internally developed computer software, net of accumulated amortization, as of March 27, 2016 and March 29, 2015 was $2,212,400 and $844,000, respectively. Amortization expense of capitalized internally developed computer software was $1,194,200, $797,800, and $980,300 for fiscal years 2016, 2015, and 2014.