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Property and Equipment
6 Months Ended
Mar. 31, 2015
Notes to Financial Statements  
Property and Equipment

Property and equipment as of March 31, 2015 and September 30, 2014, were as follows:

 

Depreciation expense for the six months ended March 31, 2015 and 2014 was $320,095 and $103,629, respectively.  Property and equipment to be disposed of is reported at the lower of the carrying amount or fair value, less the estimated costs to sell the property. Any gains or losses are recognized in the results of operations.  During the six months ended March 31, 2015 and 2014, the Company disposed of property and equipment with a net book value of $40,558 and $0, respectively.