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Property and Equipment
6 Months Ended
Dec. 31, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

5. PROPERTY AND EQUIPMENT

 

As of December 31, 2022 and June 30, 2022, property and equipment consisted of the following:

 

   As of
December 31,
   As of
June 30,
 
   2022   2022 
Leasehold improvement  $988,076   $17,394 
Building   480,198    
-
 
Office equipment   116,697    85,939 
    1,584,971    103,333 
Less: accumulated depreciation   (77,401)   (31,570)
   $1,507,570   $71,763 

 

Depreciation expenses were $46,195 and $18,841 for the six months ended December 31, 2022 and the six months ended December 31, 2021, respectively.