Property and equipment are stated at cost, less accumulated depreciation and amortization. Depreciation and amortization are determined using the straight-line method over the estimated useful lives of the assets, which range between 3 and 7 years. Leasehold improvements are amortized over the shorter of the estimated useful lives of the assets or the terms of the lease. Expenditures for maintenance and repairs are expensed as incurred. Upon the sale or disposal of property and equipment, any gains or losses are included in operations. Property and equipment consisted of the following as of:

		June 30, 2017		September 30, 2016
Software	$	47,974	$	47,974
Leasehold improvements		98,023		98,023
Furniture		68,758		68,758
Equipment		47,191		49,772

Total property and equipment		261,946		264,527

Accumulated depreciation and amortization		(205,501)		(177,793)

Property and equipment, net	$	56,445	$	86,734

Assets to be disposed of are reported at the lower of the carrying amounts or fair values, less the estimated costs to sell or dispose. During the nine months ended June 30, 2016, the Company recorded a gain on the disposal of property and equipment of $245. Depreciation expense for the nine months ended June 30, 2017 and 2016, was $33,107 and $38,817, respectively.