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PROPERTY, PLANT & EQUIPMENT
3 Months Ended
Sep. 30, 2016
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT & EQUIPMENT
NOTE 8 – PROPERTY, PLANT & EQUIPMENT
 
Property, plant, and equipment are comprised of the following as of:
 
 
 
September 30, 2016
 
June 30, 2016
 
Land
 
$
217,000
 
$
217,000
 
Building and improvements
 
 
3,931,129
 
 
3,931,129
 
Manufacturing equipment
 
 
3,938,274
 
 
3,953,788
 
Office equipment
 
 
433,509
 
 
424,359
 
Total, at cost
 
 
8,519,912
 
 
8,526,276
 
Less: accumulated depreciation
 
 
(4,775,782)
 
 
(4,637,170)
 
Property, plant and equipment, net
 
$
3,744,130
 
$
3,889,106
 
 
The Company recorded depreciation expense of $156,464 and $172,590 for the three months ended September 30, 2016 and September 30, 2015, respectively.