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Property, Plant and Equipment, Net
12 Months Ended
Sep. 30, 2022
Property, Plant and Equipment [Abstract]  
PROPERTY, PLANT AND EQUIPMENT, NET

NOTE 9 — PROPERTY, PLANT AND EQUIPMENT, NET

 

Property, plant and equipment, net, consists of the following:

 

   Useful life  September 30,
2022
   September 30,
2021
 
Buildings  20 years  $7,492,360   $7,808,006 
Machinery and equipment  5-10 years   77,932    2,047,338 
Automobiles  3-5 years   1,912,525    116,370 
Office and electric equipment  3-5 years   477,919    489,886 
Subtotal      9,960,736    10,461,600 
Less: accumulated depreciation      (5,710,098)   (5,780,247)
Property, plant and equipment, net     $4,250,638   $4,681,353 

 

Depreciation expense was $528,919, $441,355 and $404,948 for the years ended September 30, 2022, 2021 and 2020, respectively. Loss from disposal of fixed assets amounted to $983, $1,559 and Nil for the years ended September 30, 2022, 2021 and 2020, respectively.