Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS

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UNCOMPLETED CONTRACTS
3 Months Ended
Mar. 31, 2018
Contractors [Abstract]  
UNCOMPLETED CONTRACTS

NOTE 7 - UNCOMPLETED CONTRACTS

 

Costs, estimated earnings and billings on uncompleted contracts are as follows:

 

    March 31,     December 31,  
    2018     2017  
         
Revenue Recognized   $       $
Less: Billings to date        
Costs and estimated earnings in excess of billings on uncompleted contracts   $   $
         
Billings to date   $ 2,973,000     $ 2,875,500  
Revenue recognized     (2,759,100 )     (2,648,200 )

Billings in excess of costs and estimated earnings on uncompleted contracts  

  $ 213,900     $ 227,300