Quarterly report pursuant to Section 13 or 15(d)

Uncompleted Contracts (Tables)

v3.19.3
Uncompleted Contracts (Tables)
9 Months Ended
Sep. 30, 2019
Contractors [Abstract]  
Schedule of Uncompleted Contracts

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

 

    September 30,     December 31,  
    2019     2018  
Revenue Recognized   $ 889,800     $ 499,600  
Less: Billings to date     (515,500 )     (185,300 )
Costs and estimated earnings in excess of
billings on uncompleted contracts
    374,300       314,300  
Billings to date     2,381,500       1,642,600  
Revenue recognized     (2,162,100 )     (1,172,400 )
Revenue contract liabilities   $ 219,400     $ 470,200