INCOME TAX (Tables)

12 Months Ended

Jun. 30, 2019

INCOME TAXES

Schedule of sources of deferred tax assets and liability

	2019		2018
Deferred Income Tax Assets:
Net Operating Loss Carryover	$	66,741	$	66,580
Valuation Allowance on Net Operating Loss		(39,682)		(29,460)
Trade Receivables		3,333		3,473
Deferred Income		1,937		2,273
Contribution Carryover		1,297		830
Inventories		—		540
Total Deferred Income Tax Assets		33,626		44,236
Deferred Income Tax Liability:
Property and Equipment		(33,626)		(44,236)
NET DEFERRED INCOME TAX ASSET	$	—	$	—

Schedule of net deferred income tax asset (liability)

	2019		2018
Deferred Income Tax Asset	$	—	$	—

Schedule of provision (benefit) for income taxes

	2019		2018
Current Income Tax	$	—	$	—
Change in Deferred Taxes Due to Enacted Changes in Tax Law		—		(19,369)
Deferred Income Tax Credit		—		(6,653)
Total	$	—	$	(26,022)

Schedule of effective income tax rate reconciliation

	2019		2018
Computed at Federal Statutory Rates	$	(7,363)	$	(55,176)
Increase (Decrease) in Income Taxes Resulting from:
Non-Deductible Expenses		138		3,288
Change in Deferred Taxes Due to Enacted Changes in Tax Law		—		(19,369)
Adjustment of Deferred Tax Balances		—		15,857
Changes in Judgment on Realizability of Deferred Tax Assets		7,225		24,207
State Income Taxes		—		5,171
Total	$	—	$	(26,022)