Property, Plant and Equipment

12 Months Ended

Jun. 30, 2023

Property, Plant and Equipment [Abstract]

PROPERTY, PLANT AND EQUIPMENT

NOTE 5 – PROPERTY, PLANT AND EQUIPMENT

Property, plant and equipment consisted of the following for the continuing entities:

	June 30,			June 30,
	2023			2022
Building and improvements	$	37,065,465		$	39,988,862
Auto		2,716,931			2,892,073
Machinery and equipment		18,608,254			18,913,581
Total property, plant and equipment		58,390,650			61,794,515
Less: accumulated depreciation		(41,700,404	)		(42,924,364	)
Total	$	16,690,246		$	18,870,152

For the fiscal year ended June 30, 2023, total depreciation expense for the continuing entities was $2,172,096, decreased $449,841, or 17.2%, from $2,621,937 for the fiscal year ended June 30, 2022.