Property, Plant and Equipment

12 Months Ended

Jun. 30, 2018

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment

Note 5. Property, Plant and Equipment

Property, plant and equipment at June 30, 2018 and 2017 is as follows:

	2018			2017
Land	$	45,000		$	45,000
Building and improvements		4,378,866			4,304,366
Machinery and equipment		10,877,555			9,028,835
Furniture and fixtures		170,120			170,120
		15,471,541			13,548,321
Accumulated depreciation		(11,712,904	)		(11,283,225	)
Property, plant and equipment, net	$	3,758,637		$	2,265,096

Machinery and equipment includes $763,367 that was not placed in service as of June 30, 2018. Depreciation expense was $429,679 and $435,557 for the years ended June 30, 2018 and 2017, respectively.