Quarterly report pursuant to Section 13 or 15(d)

UNCOMPLETED CONTRACTS (Tables)

v3.8.0.1
UNCOMPLETED CONTRACTS (Tables)
9 Months Ended
Sep. 30, 2017
Contractors [Abstract]  
Schedule of uncompleted contracts

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

 

    September 30,     December 31,  
    2017     2016  
             
Revenue Recognized   $     $ 324,500  
Less: Billings to date           (310,900 )
Costs and estimated earnings in excess of billings on uncompleted contracts   $     $ 13,600  
               
Billings to date   $ 2,669,600     $ 3,063,500  
Revenue recognized     (2,069,500 )     (1,972,700 )
Billings in excess of costs and estimated earnings on uncompleted contracts $ 600,100     $ 1,090,800