COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Table)

9 Months Ended

Jan. 31, 2013

Costs and Estimated Earnings On Uncompleted Contracts

Schedule of Costs and Estimated Earnings on Uncompleted Contracts

Costs and estimated earnings on uncompleted contracts consist of the following at January 31, 2013 and April 30, 2012:

	January 31, 2013			April 30, 2012
Costs incurred on uncompleted contracts	$	75,637,034		$	76,682,610
Provision for loss on uncompleted contracts		(46,485	)		(1,886,896	)
Estimated contract profit		796,670			2,242,232
		76,387,219			77,037,946
Less:  billings to date		77,055,437			79,291,760
Total	$	(668,218	)	$	(2,253,814	)
Costs and estimated earnings in excess of billings on uncompleted  contracts	$	1,019,220		$	1,340,379
Billings in excess of cost and estimated earnings on uncompleted contracts		1,687,438			3,594,193
Total	$	(668,218	)	$	(2,253,814	)