A reconciliation of the difference between the provision for income taxes computed at statutory rates and the provision for income taxes provided on the Consolidated Statements of Income is as follows:

	2001	2000	1999
Statutory federal rate	34.0%	34.0%	34.0%
State taxes, net of federal benefit	2.7	3.0	2.6
Non-deductible expenses	1.2	2.0	3.7
Other	0.1	(1.0)	(2.3)
Effective rate	38.0%	38.0%	38.0%

The provision for income taxes was comprised of the following:

		2001	2000	1999
Federal:	Current	$1,864,100	$2,576,700	$1,427,000
	Deferred	1,017,400	421,100	(345,100)
State:	Current	231,600	346,600	167.900
	Deferred	119,400	52,600	(40,600)
Provision for income taxes		$3,232,500	$3,397,000	$1,209,200

Total deferred tax assets and deferred tax liabilities as of April 1, 2001 and March 26, 2000, and the sources of the differences between financial accounting and tax basis of the Company's assets and liabilities which give rise to the deferred tax assets and liabilities are as follows:

	2001	2000
Deferred tax assets:
Accrued expenses and reserves	$1,531,600	$1,199,700
Deferred tax liabilities:
Property and equipment	2,195,900	714,500
Other assets	79,000	91,700
	$2,274,900	$ 806,200