ALANCO TECHNOLOGIES INC | 2012 | FY | 3


    2012   2011
Land and improvements $ 1,383,400  $                 -
Office furniture and equipment   48,700    135,900 
Production equipment   79,500                    -
    1,511,600    135,900 
Less accumulated depreciation   (43,100)   (129,200)
Construction in progress   2,056,100                    -
     Net book value $ 3,524,600  $ 6,700 

us-gaap:PropertyPlantAndEquipmentTextBlock