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Intangible Assets
3 Months Ended
Jun. 26, 2022
Intangible Assets  
Intangible Assets

Note 3. Intangible Assets

Intangible assets, net on our Consolidated Balance Sheets as of June 26, 2022, consists of capitalized software for internal use, indefinite-lived intangible assets, and an immaterial amount of costs capitalized for software costs to be sold. Capitalized software for internal use, net of accumulated amortization, was $32,208,600 and $29,463,100 as of June 26, 2022 and March 27, 2022, respectively. Amortization expense of capitalized software for internal use was $189,500 and $175,500 for the fiscal quarter ended June 26, 2022 and June 27, 2021, respectively. The Company continues to capitalize costs related to an ongoing information technology project, which will be amortized after the project has been completed and placed in-service. This project is expected to be completed during fiscal 2023.

Indefinite-lived intangible assets were $795,400 as of June 26, 2022 and March 27, 2022.