Quarterly report pursuant to Section 13 or 15(d)

COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

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COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)
6 Months Ended
Oct. 31, 2015
Contractors [Abstract]  
Schedule of Costs and Estimated Earnings on Uncompleted Contracts
Costs and estimated earnings on uncompleted contracts consist of the following at October 31, 2015 and April 30, 2015:
 
 
 
October 31, 2015
 
April 30, 2015
 
 
 
 
 
 
 
 
 
Costs incurred on uncompleted contracts
 
$
31,508,372
 
$
32,008,307
 
Estimated contract earnings
 
 
5,301,063
 
 
6,031,338
 
 
 
 
36,809,435
 
 
38,039,645
 
Less: Billings to date
 
 
37,773,214
 
 
38,965,672
 
Total
 
$
(963,779)
 
$
(926,027)
 
 
 
 
 
 
 
 
 
Costs and estimated earnings in excess of billings on uncompleted contracts
 
$
585,721
 
$
420,434
 
Billings in excess of cost and estimated earnings on uncompleted contracts
 
 
1,549,500
 
 
1,346,461
 
Total
 
$
(963,779)
 
$
(926,027)