Annual report pursuant to Section 13 and 15(d)

Backlog (Unaudited)

v3.20.1
Backlog (Unaudited)
12 Months Ended
Dec. 31, 2018
Backlog  
Backlog (Unaudited)

NOTE 24. BACKLOG (UNAUDITED)

 

The following is a reconciliation of backlog representing signed contracts in progress at December 31, 2018:

 

Balance – December 31, 2017   $ 244,645  
New contracts and adjustments     257,529  
      502,174  
Less contract revenues earned for the year ended December 31, 2018     (369,651 )
Balance – December 31, 2018   $ 132,523