Quarterly report pursuant to Section 13 or 15(d)

Costs and Estimated Earnings on Uncompleted Contracts (Tables)

v2.4.0.8
Costs and Estimated Earnings on Uncompleted Contracts (Tables)
3 Months Ended
Mar. 31, 2014
Costs and Estimated Earnings on Uncompleted Contracts [Abstract]  
Summary of costs and estimated earnings on uncompleted contracts
 
2014
   
2013
 
Costs incurred on uncompleted contracts
 
$
239,083
   
$
228,643
 
Provision for loss on uncompleted contracts
   
11,630
     
9,896
 
Estimated income (loss)
   
(58,372
)
   
(47,932
)
     
192,341
     
190,607
 
Less:  billings to date
   
(214,956
)
   
(214,956
)
                 
   
$
(22,615
)
 
$
(24,349
)
 
Summary of costs and estimated earnings amounts on uncompleted contracts included in balance sheets
 
   
2014
   
2013
 
Costs and estimated earnings in excess of billings on uncompleted contracts
  $ -     $ -  
Billings in excess of cost and estimated earnings on uncompleted contracts
    (22,615 )     (24,349 )
    $ (22,615 )     (24,349 )