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Costs and Estimated Earnings in Excess of Billings | 12 Months Ended
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Sep. 30, 2021
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Costs and Estimated Earnings in Excess of Billings | NOTE 3 - COSTS AND ESTIMATED EARNINGS IN EXCESS OF BILLINGS Costs and estimated earnings in excess of billings on uncompleted contracts as of September 30, 2021 and 2020 consisted of the following:
|  | September 30, |
|  | 2021 |  |  | 2020 |
Costs incurred on uncompleted contracts |  | $ | 11,483,000 |  |  | $ | 10,390,000 |
Estimated earnings |  |  | 4,395,000 |  |  |  | 4,680,000 |
|  |  | 15,878,000 |  |  |  | 15,070,000 |
Billings to date |  |  | 13,975,000 |  |  |  | 8,665,000 |
Costs and estimated earnings in excess of billings |  | $ | 1,903,000 |  |  | $ | 6,405,000 |

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