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4. PROPERTY AND EQUIPMENT
12 Months Ended
Jun. 30, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 - PROPERTY AND EQUIPMENT

 

Property and equipment consisted of the following as of: 

 

   June 30, 2021   June 30, 2020 
Machinery and Commercial Equipment  $67,044   $364,054 
Office equipment   291,191    420,941 
Molds   575,552    940,165 
    933,787    1,725,160 
Less accumulated depreciation   (782,177)   (1,504,271)
Total  $151,610   $220,889 

 

Depreciation expense associated with property and equipment was $90,322 and $92,736 for the fiscal years ended June 30, 2021, and 2020, respectively, and is included in selling, general, and administrative expenses on the consolidated statements of comprehensive income. For the year ended June 30, 2021, we disposed the fully depreciated property ad equipment in the amount of $812,416.