NOTE 6 - UNCOMPLETED CONTRACTS
Costs, estimated earnings and billings on uncompleted contracts are as follows:
| December 31, | ||||||||
| 2013 | 2012 | |||||||
| Revenue Recognized | $ | 331,100 | $ | 63,800 | ||||
| Less: Billings to date | (252,600 | ) | (28,300 | ) | ||||
| Costs and estimated earnings in excess of billings on uncompleted contracts | $ | 78,500 | $ | 35,500 | ||||
| Billings to date | $ | 606,700 | $ | 775,800 | ||||
| Revenue recognized | (436,400 | ) | (448,400 | ) | ||||
| Billings in excess of costs and estimated earnings on uncompleted contracts | $ | 170,300 | $ | 327,400 | ||||