Property, Plant and Equipment

6 Months Ended

Dec. 31, 2022

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following:

	December 31,			June 30,
	2022			2022
Building and improvements	$	38,974,366		$	39,988,862
Auto		2,856,918			2,892,073
Machinery and equipment		18,451,269			18,913,581
Total property, plant and equipment		60,282,553			61,794,515
Less: accumulated depreciation		(42,781,922	)		(42,924,364	)
Total	$	17,500,631		$	18,870,152

For the six month ended December 31, 2022, total depreciation expense for the continuing entities was $1,109,917, decreased $106,435, or 8.8%, from $1,216,352 for the six month ended December 31, 2021.