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2. PROPERTY AND EQUIPMENT | 12 Months Ended
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Mar. 31, 2017
Property, Plant and Equipment [Abstract] |
PROPERTY AND EQUIPMENT | Property and equipment, net, consist of the following:
|  | March 31, 2017 |  |  | March 31, 2016 |
Furniture and office equipment, at cost |  | $ | 352,085 |  |  | $ | 394,395 |
Accumulated depreciation |  |  | (322,862 | ) |  |  | (358,357 | )
|  | $ | 29,223 |  |  | $ | 36,038 |
Depreciation expense for the years ended March 31, 2017 and 2016 approximated $23,000 and $29,000, respectively.

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- Definition The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -URI http://asc.fasb.org/topic&trid=2155823 + Details
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