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Property and Equipment, Net
6 Months Ended
Dec. 31, 2021
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT, NET

Note 9. PROPERTY AND EQUIPMENT, NET

 

The Company’s net property and equipment as follows:

 

   December 31,   June 30, 
   2021   2021 
Motor vehicles   609,730    332,124 
Computer equipment   102,058    86,831 
Office equipment   68,874    34,747 
Furniture and fixtures   390,808    205,303 
System software   117,606    115,722 
Leasehold improvements   874,642    860,626 
           
Total   2,163,718    1,635,353 
           
Less: Accumulated depreciation and amortization   (1,102,944)   (878,096)
           
Property and equipment, net  $1,060,774   $757,257 

 

Depreciation and amortization expenses for the three months ended December 31, 2021 and 2020 were $137,807 and $70,853, respectively. Depreciation expenses for the six months ended December 31, 2021 and 2020 were $278,517 and $138,739, respectively. For the three and six months of December 31, 2021, the Company disposed vehicles with net cost of $242,035, resulting in loss on disposal of fixed assets of $52,489.