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5 Property and Equipment, Net
 12 Months Ended
Jun. 30, 2015
Notes  
5 Property and Equipment, Net

5                PROPERTY AND EQUIPMENT, NET

 

Property, plant and equipment, net, consisted of the following:

 

 

 

June 30,

 

 

 

2015

 

 

2014

 

Right to use land

 

$

8,160,781

 

 

$

8,122,480

 

Building and building improvements

 

 

19,388,880

 

 

 

19,297,882

 

Machinery and equipment

 

 

6,882,678

 

 

 

3,926,297

 

Furniture and office equipment

 

 

650,851

 

 

 

621,988

 

Automobiles

 

 

126,120

 

 

 

567,297

 

Construction in progress

 

 

460,113

 

 

 

266,260

 

 

 

 

35,669,423

 

 

 

32,802,204

 

Accumulated depreciation and amortization

 

 

7,017,706

 

 

 

6,383,362

 

 

 

$

28,651,717

 

 

$

26,418,842

 

 

Depreciation expense for the years ended June 30, 2015 and 2014 were $634,344 and $951,726, respectively.