Property, Plant and Equipment

6 Months Ended

Dec. 31, 2023

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,
	2023			2023
Building and improvements	$	37,989,727		$	37,065,465
Auto		2,784,202			2,716,931
Machinery and equipment		19,139,320			18,608,254
Others		1,502,600			-
Total property, plant and equipment		61,415,850			58,390,650
Less: accumulated depreciation		(43,979,211	)		(41,700,404	)
Total	$	17,436,639		$	16,690,246

For the six months ended December 31, 2023, total depreciation expense was $1,250,325, increased $140,409, or 12.7%, from $1,109,917 for the six months ended December 31, 2022.