b'LOS ANGELES FIRE AND POLICE PENSION SYSTEM NOTES TO FINANCIAL STATEMENTS JUNE 30, 2024 AND 2023NOTE 10CAPITAL ASSETSThe Systems capital assets include land, building, computer/software, intangible asset, and furniture and fixtures. The following is a summary of the Systems capital assets at June 30, 2024 and 2023:2024 2023Capital Assets Not Depreciated/AmortizedLand $6,465,660 $6,465,660Total Capital Assets Not Depreciated/Amortized 6,465,660 6,465,660Capital Assets Depreciated/AmortizedBuilding 18,777,794 18,777,794Computer/Software under Development 5,344,701 5,302,524Furniture and Fixtures 1,297,014 1,297,014Intangible Asset - SBITA475,328311,219Total Capital Assets Depreciated/Amortized 25,894,837 25,688,551Less: Accumulated Depreciation/AmortizationBuilding(7,747,769)(6,806,307)Computer/Software under Development(2,661,730)(2,121,010)Furniture and Fixtures(1,297,014)(1,297,014)Intangible Asset - SBITA (126,444) -Total Accumulated Depreciation/Amortization(11,832,957)(10,224,331)Total Capital Assets Depreciated/Amortized, Net 14,061,880 15,464,220Total Capital Assets, Net $ 20,527,540 $ 21,929,880 49 66 LAFPP ANNUAL REPORT 2024'