Property, Plant and Equipment

12 Months Ended

Jun. 30, 2022

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following for the continuing entities:

	June 30,			June 30,
	2022			2021
Building and improvements	$	39,988,862		$	39,624,213
Auto		2,892,073			3,168,248
Machinery and equipment		18,913,581			19,368,574
Total property, plant and equipment		61,794,515			62,161,034
Less: accumulated depreciation		(42,924,364	)		(40,078,680	)
Total	$	18,870,152		$	22,082,354

For the fiscal year ended June 30, 2022, total depreciation expense for the continuing entities was $2,621,937, decreased $350,402, or 11.8%, from $2,972,339 for the fiscal year ended June 30, 2021.