Quarterly report pursuant to Section 13 or 15(d)

Costs and Estimated Earnings on Uncompleted Contracts (Tables)

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Costs and Estimated Earnings on Uncompleted Contracts (Tables)
6 Months Ended
Jun. 30, 2017
Contractors [Abstract]  
Schedule of Costs and Estimated Earnings in Excess of Billings on Uncompleted Contracts

Costs and estimated earnings in excess of billings on uncompleted contracts are summarized as follows:

 

    June 30, 2017  
Costs incurred on uncompleted contracts   $ 94,817  
Estimated earnings     18,073  
      112,890  
Billings to date     (122,304 )
         
    $ (9,414 )
         
Included in the accompanying balance sheets:        
Costs and estimated earnings in excess of billings   $ 5,966  
Billings in excess of costs and estimated earnings     (15,380 )
         
Total   $ (9,414 )