Annual report pursuant to Section 13 and 15(d)

Uncompleted Contracts (Tables)

v3.20.1
Uncompleted Contracts (Tables)
12 Months Ended
Dec. 31, 2019
Contractors [Abstract]  
Schedule of Uncompleted Contracts

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

 

    December 31,     December 31,  
    2019     2018  
             
Revenue Recognized   $ 1,074,800     $ 499,600  
Less: Billings to date     (832,300 )     (185,300 )
Costs and estimated earnings in excess of billings on uncompleted contracts     242,500       314,300  
                 
Billings to date     2,707,200       1,642,600  
Revenue recognized     (2,322,900 )     (1,172,400 )
                 
Revenue contract liabilities   $ 384,300     $ 470,200