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FURNITURE, FIXTURES AND EQUIPMENT
6 Months Ended
Dec. 31, 2015
Property, Plant and Equipment [Abstract]  
FURNITURE, FIXTURES AND EQUIPMENT

5. FURNITURE, FIXTURES AND EQUIPMENT

 

Furniture, fixtures and equipment consisted of the following as of December 31, 2015, June 30, 2015 and 2014:

 

 

                             
    Estimated   December 31,     June 30,  
    Useful Life   2015     2015     2014  
                       
Equipment   3 - 5 years   $ 123,086     $ 122,379     $ 111,488  
Storage facilities   3 years     40,540       34,277       20,802  
Vehicles   5 - 7 years     221,730       221,730       214,470  
Furniture and fixtures   5 years     20,420       20,420       20,420  
          405,776       398,806       367,180  
Accumulated depreciation         (271,517 )     (240,304 )     (191,429 )
        $ 134,259     $ 158,502     $ 175,751  

 

Depreciation expense was $31,214, $54,992 and $55,284, respectively, for the six months ended December 31, 2015 and for the fiscal years ended June 30, 2015 and 2014.