Note 4 - Uncompleted Contracts

3 Months Ended

Mar. 31, 2015

Notes to Financial Statements

Long-term Contracts or Programs Disclosure [Text Block]

NOTE 4:     UNCOMPLETED CONTRACTS

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

	March 31, 2015			December 31, 2014
Costs incurred on uncompleted contracts	$	5,722,046		$	4,250,299
Estimated earnings		5,062,092			4.541.377
		10,784,138			8,791,677
Billings to date		(9,835,952	)		(7,621,523	)
	$	948,186		$	1,170,154
Included in accompanying balance sheets under the following captions:
Cost and estimated earnings in excess of billings on contracts in progress	$	3,451,142		$	2,498,662
Billings in excess of costs and estimated earnings on contracts in progress	$	(2,502,956	)	$	(1,328,508	)