COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

3 Months Ended

Jul. 31, 2014

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 July 31, 2014 and April 30, 2014:

	July 31, 2014		April 30, 2014
Costs incurred on uncompleted contracts	$	17,822,248	$	14,457,907
Estimated contract earnings		4,060,106		3,291,077
		21,882,354		17,748,984
Less: Billings to date		22,528,858		18,766,199
Total	$	(646,504)	$	(1,017,215)

	July 31, 2014		April 30, 2014
Costs and estimated earnings in excess of billings on uncompleted contracts	$	567,186	$	431,348
Billings in excess of cost and estimated earnings on uncompleted contracts		1,213,690		1,448,563
Total	$	(646,504)	$	(1,017,215)