Quarterly report pursuant to Section 13 or 15(d)

NOTE 6 - UNCOMPLETED CONTRACTS (Tables)

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

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

 

 

    September 30,   December 31,  
    2014   2013  
           
Revenue Recognized   $ 1,412,700     $ 331,100  
Less: Billings to date     (1,192,400 )     (252,600 )
Costs and estimated earnings in excess of
     billings on uncompleted contracts
  $ 220,300     $ 78,500  
                 
Billings to date   $ 907,500     $ 606,700  
Revenue recognized     (535,300 )     (436,400 )
Billings in excess of costs and estimated
     earnings on uncompleted contracts
  $ 372,200     $ 170,300