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Property and Equipment
3 Months Ended
Sep. 30, 2019
Property, Plant and Equipment [Abstract]  
PROPERTY AND EQUIPMENT

NOTE 4 - PROPERTY AND EQUIPMENT

 

Property and equipment consist of the following:

 

   September 30,
2019
   June 30,
2019
 
Buildings  $11,414,743   $11,994,407 
Building improvements   -    79,628 
Machinery and equipment   852,343    930,109 
Motor vehicles   46,191    81,541 
Construction in progress   75,425    78,407 
Office equipment   232,293    219,605 
Farmland leasehold improvements   2,945,934    3,062,410 
    15,566,929    16,446,107 
Less: accumulated depreciation and amortization   (5,615,813)   (5,778,377)
Property and equipment, net  $9,951,116   $10,667,730 

 

Depreciation and amortization expense charged to operations was US$ 178,215 and US$ 186,852 for the three months ended September 30, 2019 and 2018, respectively.

 

Farmland leasehold improvements consist of following:

  

   September 30,
2019
   June 30,
2019
 
Blueberry farmland leasehold improvements  $2,263,197   $2,352,679 
Yew tree planting base reconstruction   253,562    263,587 
Greenhouse renovation   429,175    446,144 
Total farmland leasehold improvements  $2,945,934   $3,062,410