Note 13 - Other Assets - Equipment Held (not in Service)	9 Months Ended
Jun. 30, 2013
Notes
Note 13 - Other Assets - Equipment Held (not in Service)	NOTE 13 – OTHER ASSETS – EQUIPMENT HELD (NOT IN SERVICE) In April, 2009 the Company moved its remaining equipment into storage with the intention of utilizing it in the future for operations. Upon being moved to storage, the equipment was marked down to fair market value and a loss of $4,777 was recognized to adjust carrying value from net book value during the twelve months ended September 30, 2009. The equipment valued at fair market value is being depreciated over its remaining useful life. It is now part of discontinued operations and being held for sale.

Note 13 - Other Assets - Equipment Held (not in Service)

9 Months Ended

Jun. 30, 2013

Note 13 - Other Assets - Equipment Held (not in Service)

NOTE 13 – OTHER ASSETS – EQUIPMENT HELD (NOT IN SERVICE)

In April, 2009 the Company moved its remaining equipment into storage with the intention of utilizing it in the future for operations. Upon being moved to storage, the equipment was marked down to fair market value and a loss of $4,777 was recognized to adjust carrying value from net book value during the twelve months ended September 30, 2009. The equipment valued at fair market value is being depreciated over its remaining useful life. It is now part of discontinued operations and being held for sale.

First Power & Light, Inc. 10-Q