Property and Equipment, Net (Tables)

6 Months Ended

Dec. 31, 2019

Property, Plant and Equipment [Abstract]

Schedule of net property and equipment

	December 31,			June 30,
	2019			2019
Buildings	$	193,312		$	196,050
Motor vehicles*		524,932			700,724
Computer equipment*		98,464			162,865
Office equipment*		44,226			69,278
Furniture and fixtures*		72,749			167,143
System software*		109,493			116,339
Leasehold improvements		798,282			807,078
Total		1,841,458			2,219,477
Less: Accumulated depreciation and amortization		(1,175,178	)		(1,229,567	)
Property and equipment, net	$	666,280		$	989,910

Depreciation and amortization expenses for the three months ended December 31, 2019 and 2018 were $66,601 and $9,731, respectively. Depreciation and amortization expenses for the six months ended December 31, 2019 and 2018 were $187,121 and $19,613, respectively.

* For the three months ended December 31, 2019 and 2018, no impairment of fixed assets were recorded. For the six months ended December 31, 2019 and 2018, an impairment of $127,177 and nil were recorded, respectively due to continued decrease in revenues from the inland transportation management segment.