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Property, Plant and Equipment

12 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Note 5. Property, Plant and Equipment

A summary of the original cost of property, plant and equipment at June 30, 2013 and 2012 is as follows:

	2013			2012
Land	$	45,000		$	45,000
Building and improvements		4,254,834			4,189,908
Machinery and equipment		7,650,014			7,458,075
Furniture and fixtures		160,867			160,867
		12,110,715			11,853,850
Accumulated depreciation		(9,689,383	)		(9,330,654	)
Property, plant and equipment, net	$	2,421,332		$	2,523,196

Depreciation expense was $418,149 and $426,389, during the years ended June 30, 2013 and 2012, respectively.

- 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.

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