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PROPERTY, PLANT AND EQUIPMENT, NET
12 Months Ended
Sep. 30, 2020
PROPERTY, PLANT AND EQUIPMENT, NET  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 6 – PROPERTY, PLANT AND EQUIPMENT, NET

Property, plant and equipment, net consisted of the following:

 

 

 

 

 

 

 

 

    

As of

    

As of

 

 

September 30, 2020

 

September 30, 2019

Property and Buildings

 

$

9,114,893

 

$

8,429,891

Machinery and equipment

 

 

18,175,739

 

 

17,179,561

Automobiles

 

 

611,923

 

 

575,080

Office and electric equipment

 

 

137,588

 

 

101,469

Subtotal

 

 

28,040,143

 

 

26,286,001

Construction in progress

 

 

158,975

 

 

148,197

Less: accumulated depreciation

 

 

(20,780,090)

 

 

(18,768,876)

Property and equipment, net

 

$

7,419,028

 

$

7,665,322

 

Depreciation expense was $1,055,314,  $1,137,822 and $1,198,142 for the years ended September 30, 2020, 2019 and 2018 respectively.

Construction in progress represents costs of construction incurred for the Company’s upgrading its manufacturing facilities.