PROPERTY, PLANT AND EQUIPMENT

6 Months Ended

Dec. 31, 2021

PROPERTY, PLANT AND EQUIPMENT

Note 6. PROPERTY, PLANT AND EQUIPMENT

NOTE 6. PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following at December 31, 2021 and June 30, 2021:

	December 31, 2021			June 30, 2021
Leasehold improvements	$	294,864		$	294,864
Vehicles		22,554			22,554
Computer equipment		12,553			12,553
Furniture and fixtures		7,256			5,455
		337,227			335,426
Less: Accumulated depreciation		(35,370	)		(9,638	)
Property, plant and equipment - net	$	301,857		$	325,788

The property, plant and equipment was acquired in the acquisition discussed in Note 4. Depreciation expense was $11,359 and $9,638 for the three months ended December 31, 2021 and the year ended June 30, 2021. Depreciation expense was $25,069 and $9,638 for the six months ended December 31, 2021 and the year ended June 30, 2021.