FURNITURE, FIXTURES AND EQUIPMENT

12 Months Ended

Jun. 30, 2015

FURNITURE, FIXTURES AND EQUIPMENT [Abstract]

FURNITURE, FIXTURES AND EQUIPMENT

5.

FURNITURE, FIXTURES AND EQUIPMENT

Furniture, fixtures and equipment consisted of the following as of June 30, 2015 and 2014:

	Estimated	June 30,
	Useful Life		2015			2014
Equipment	3 - 5 years	$	122,379		$	111,488
Storage facilities	3 years		34,277			20,802
Vehicles	5 - 7 years		221,730			214,470
Furniture and fixtures	5 years		20,420			20,420
			398,806			367,180
Accumulated depreciation			(240,304	)		(191,429	)
		$	158,502		$	175,751

Depreciation expense in fiscal 2015 and fiscal 2014 was $54,992 and $55,284, respectively.