Quarterly report pursuant to Section 13 or 15(d)

PROPERTY AND EQUIPMENT

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PROPERTY AND EQUIPMENT
9 Months Ended
Mar. 31, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

Note 4 – PROPERTY AND EQUIPMENT 

 

Property is equipment are summarized as follows: 

 

    March 31, 2019 (Unaudited)     June 30, 2018  
Office furniture and fixtures   $ 57,807     $ 71,027  
Vehicle     2,980       3,005  
Office equipment     81,576       52,036  
    Subtotal     142,363       126,068  
Less: accumulated depreciation     95,411       70,798  
   Total   $ 46,952     $ 55,270  

  

Depreciation expense for the three months ended March 31, 2019 and 2018 was $7,156 and $7,748 respectively. Depreciation expense for the nine months ended March 31, 2019 and 2018 was $24,787 and $21,386 respectively.