5. Intangible Assets (Tables)

12 Months Ended

Jun. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Identifiable intangible assets

	Trade name - indefinite life		Trade name		Non-compete covenant		Customer relationships		Total
Gross carrying amount
June 30, 2018	$	1,084,000	$	270,600	$	473,400	$	6,243,400	$	8,071,400
Additions		-		-		-		-		-
Disposals		-		-		-		-		-
June 30, 2019		1,084,000		270,600		4,73,400		6,243,400		8,071,400
Accumulated Amortization
June 30, 2018	$	-	$	190,190	$	136,600	$	612,852	$	939,642
Additions		-		17,290		87,600		619,494		724,384
Disposals		-		-		-		-		-
June 30, 2019		-		207,480		224,200		1,232,346		1,664,026
Net book value at June 30, 2019	$	1,084,000	$	63,120	$	249,200	$	5,011,054	$	6,407,374

	Trade name - indefinite life		Trade name		Non-compete covenant		Customer relationships		Total
Gross carrying amount
June 30, 2019	$	1,084,000	$	270,600	$	473,400	$	6,243,400	$	8,071,400
Additions		-		-		-		-		-
Disposals		-		-		-		-		-
June 30, 2020		1,084,000		270,600		473,400		6,243,400		8,071,400
Accumulated Amortization
June 30, 2019	$	-	$	207,480	$	224,200	$	1,232,346	$	1,664,026
Additions		-		17,290		87,600		619,493		724,383
Disposals		-		-		-		-		-
June 30, 2020		-		224,770		311,800		1,851,839		2,388,409
Net book value at June 30, 2020	$	1,084,000	$	45,830	$	161,600	$	4,391,561	$	5,682,991

Future amortization expense for the identifiable intangible assets

2021	$	724,383
2022		706,633
2023		624,700
2024		620,550
2025		620,550
Thereafter		1,302,175
Total	$	4,598,991