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4. Costs and Estimated Earnings on Uncompleted Contracts: Schedule of Costs incurred on uncompleted contracts and Estimated earnings (Tables)
12 Months Ended
May 31, 2024
Tables/Schedules  
Schedule of Costs incurred on uncompleted contracts and Estimated earnings

 

2024

 

2023

Costs incurred on uncompleted contracts

$ 10,576,401

 

$ 5,349,111

Estimated earnings

10,459,240

 

4,850,889

21,035,641

 

10,200,000

Less billings to date

22,280,350

 

8,068,288

$ (1,244,709

)

$ 2,131,712