Property and Equipment

12 Months Ended

Mar. 26, 2017

Note 3. Property and Equipment

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


	2017		2016

Land	$	4,740,800	$	4,740,800
Building, building improvements and leasehold improvements		20,704,100		21,437,200
Information technology equipment and computer software		29,957,200		28,856,300
Furniture, telephone system, equipment and tooling		7,006,900		7,732,600
		62,409,000		62,766,900
Less accumulated depreciation and amortization		(44,319,900)		(42,871,500)
Property and equipment, net	$	18,089,100	$	19,895,400

Depreciation and amortization of property and equipment was $4,238,900, $4,730,000, and $4,583,600 for fiscal years 2017, 2016 and 2015, respectively.

Capitalized internally developed computer software, net of accumulated amortization, as of March 26, 2017 and March 27, 2016 was $2,427,800 and $2,212,400, respectively. Amortization expense of capitalized internally developed computer software was $1,355,000, $1,194,200, and $797,800 for fiscal years 2017, 2016, and 2015.