NOTE 5 - PROPERTY, PLANT AND EQUIPMENT

9 Months Ended

Mar. 31, 2012

Notes to Financial Statements

NOTE 5 - PROPERTY, PLANT AND EQUIPMENT

NOTE 5 — PROPERTY, PLANT AND EQUIPMENT

Components of property, plant and equipment were as follows:

	March 31,	June 30,
	2012	2011
Land and improvements	$ 139,827	$ 139,827
Buildings and improvements	2,006,862	2,006,862
Machinery and equipment	634,260	470,949
Vehicles	123,551	183,884
Total property, plant and equipment	2,904,500	2,801,522
Less: accumulated depreciation	(614,343)	(502,216)
Property, plant and equipment, net	$ 2,290,157	$ 2,299,306

Depreciation expense totaled $49,579 and $49,152 for the three months ended March 31, 2012 and 2011, respectively. Depreciation expense totaled $155,799 and $145,725 for the nine months ended March 31, 2012 and 2011, respectively.