Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS (Tables)

v3.4.0.3
UNCOMPLETED CONTRACTS (Tables)
3 Months Ended
Mar. 31, 2016
Contractors [Abstract]  
Schedule of uncompleted contracts

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

 

    March 31,
2016
  December 31,
2015
         
Revenue Recognized   $ 1,977,200     $ 1,814,300  
Less: Billings to date     (1,884,600 )     (1,610,300 )
Costs and estimated earnings in excess of billings on uncompleted contracts   $ 92,600     $ 204,000  
                 
Billings to date   $ 1,045,800     $ 2,273,400  
Revenue recognized     (431,000 )     (1,685,500 )
Billings in excess of costs and estimated earnings on uncompleted contracts   $ 614,800     $ 587,900