Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS (Tables)

v2.4.0.8
UNCOMPLETED CONTRACTS (Tables)
6 Months Ended
Jun. 30, 2014
Contractors [Abstract]  
Schedule of uncompleted contracts

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

 

    June 30,   December 31,
    2014   2013
         
Revenue Recognized   $ 1,293,800     $ 331,100  
Less: Billings to date     (1,120,600 )     (252,600 )
Costs and estimated earnings in excess of
     billings on uncompleted contracts
  $ 173,200     $ 78,500  
                 
Billings to date   $ 861,600     $ 606,700  
Revenue recognized     (512,300 )     (436,400 )
Billings in excess of costs and estimated
     earnings on uncompleted contracts
  $ 349,300     $ 170,300