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Property, plant and equipment, net
6 Months Ended
Mar. 31, 2022
Property, plant and equipment, net  
Property, plant and equipment, net

Note 8 — Property, plant and equipment, net

Property, plant and equipment, stated at cost less accumulated depreciation, consisted of the following:

    

As of

    

As of

March 31, 

September 30, 

2022

2021

(unaudited)

Forestry

$

11,042,228

Plant, machinery and equipment

 

72,361

 

70,113

Transportation equipment

 

55,255

 

54,362

Office equipment

 

21,827

 

21,474

Subtotal

 

11,191,671

 

145,949

Accumulated depreciation

(85,988)

(66,467)

Total

$

11,105,683

$

79,482

Depreciation expense was $18,375 and $25,594 for the six months ended March 31, 2022 and 2021, respectively.