Costs and Estimated Earnings in Excess of Billings

9 Months Ended

Jun. 30, 2019

Note 4 – Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings on uncompleted contracts as of June 30, 2019 and September 30, 2018 consist of the following:


	June 30, 2019		September 30, 2018
Costs incurred on uncompleted contracts	$	22,528,000	$	17,437,000
Estimated earnings		10,372,000		7,335,000

		32,900,000		24,772,000
Billings to date		12,378,000		12,872,000

Costs and estimated earnings in excess of billings	$	20,522,000	$	11,900,000