ACQUISITION RELATED INTANGIBLE ASSETS, NET

12 Months Ended

Jun. 30, 2020

Business Combinations [Abstract]

ACQUISITION RELATED INTANGIBLE ASSETS, NET

Customer relationships consist of the following at June 30:

	2020			2019
Customer relationships	$	5,537,161		$	5,537,161
Less accumulated amortization		(4,880,161	)		(4,748,761	)
	$	657,000		$	788,400

Amortization expense for the years ended June 30, 2020 and 2019 was $131,400 and $131,400, respectively.

Estimated aggregate amortization expense per year are as follows:

Years ending June 30:
2021	$	131,400
2022	$	131,400
2023	$	131,400
2024	$	131,400
Thereafter	$	131,400