Property and Equipment

12 Months Ended

Mar. 29, 2020

Note 3. Property and Equipment

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


	2020		2019

Land	$	4,740,800	$	4,740,800
Building, building improvements and leasehold improvements		20,921,800		20,926,500
Information technology equipment		5,255,000		6,026,300
Furniture, telephone system, equipment and tooling		9,039,000		8,582,800
		39,956,600		40,276,400
Less accumulated depreciation		(26,522,900)		(25,272,900)
Property and equipment, net	$	13,433,700	$	15,003,500

Depreciation of property and equipment was $1,683,000, $1,507,300, and $1,796,500 for fiscal years 2020, 2019 and 2018, respectively.