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9. FIXED ASSETS
 12 Months Ended
Sep. 30, 2013
Notes to Financial Statements  
9. FIXED ASSETS

Fixed assets, net of accumulated depreciation, was $427,215 and $469,001 as of September 30, 2013 and 2012, respectively. Accumulated depreciation was $663,213 and $606,509 as of September 30, 2013 and 2012, respectively. Total depreciation expense, was $66,557 and $60,869 for the years ended September 30, 2013 and 2012, respectively. All equipment is used for selling, general and administrative purposes and accordingly all depreciation is classified in selling, general and administrative expenses.

 

Property and equipment as of September 30, 2013 was comprised of the following: 

 

  Estimated   September 30, 2013  
  Useful Lives   Purchased     Capital Leases     Total  
Machinery and equipment 2-10 years   $ 116,346     $ 87,039     $ 203,385  
Leasehold improvements 5-20 years     603,612       -       603,612  
Furniture and fixtures 3-10 years     73,539       101,260       174,799  
Software and websites 3- 7 years     63,783       44,849       108,632  
Less: accumulated depreciation       (444,751 )     (218,462 )     (663,213 )
      $ 412,529     $ 14,686     $ 427,215  

 

Property and equipment as of September 30, 2012 was comprised of the following: 

 

  Estimated   September 30, 2012  
  Useful Lives   Purchased     Capital Leases     Total  
Machinery and equipment 2-10 years   $ 119,331     $ 87,039     $ 206,370  
Leasehold improvements 5-20 years     603,612       -     $ 603,612  
Furniture and fixtures 3-10 years     55,307       101,260     $ 156,567  
Software and websites 3- 7 years     64,112       44,849     $ 108,961  
Less: accumulated depreciation       (400,516 )     (205,993 )   $ (606,509 )
      $ 441,846     $ 27,155     $ 469,001