UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Sep. 30, 2021

Revenue from Contract with Customer [Abstract]

SUMMARY OF COST, ESTIMATED EARNINGS AND BILLINGS ON UNCOMPLETED CONTRACTS

Costs, estimated earnings and billings on uncompleted contracts are summarized as follows at September 30, 2021 and December 31, 2020:

	September 30, 2021		December 31, 2020
Costs incurred on uncompleted contracts	$	3,717,000	$	-
Estimated earnings		723,700		-
Costs and estimated earnings on uncompleted contracts		4,440,700		-
Billings to date		4,207,600		-
Costs and estimated earnings in excess of billings on uncompleted contracts		624,000		-
Costs and earnings in excess of billings on completed contracts		(390,900)		-
	$	233,100	$
Costs in excess of billings	$	624,000	$
Billings in excess of cost		(390,900)		-
	$	233,100	$	-