XML 23 R12.htm IDEA: XBRL DOCUMENT v3.21.2
ACQUISITION RELATED INTANGIBLE ASSETS, NET
 12 Months Ended
Jun. 30, 2021
Business Combinations [Abstract]  
ACQUISITION RELATED INTANGIBLE ASSETS, NET

Customer relationships consist of the following at June 30:

    2021     2020  
Customer relationships   $ 5,537,161     $ 5,537,161  
Less accumulated amortization     (5,011,561 )     (4,880,161 )
    $ 525,600     $ 657,000  

 

Amortization expense for the years ended June 30, 2021 and 2020 was $131,400 and $131,400, respectively.

 

Estimated aggregate amortization expense per year are as follows:

 

Years ending June 30:      
2022   $ 131,400  
2023   $ 131,400  
2024   $ 131,400  
2025   $ 131,400