COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS (Tables)

9 Months Ended

Jan. 31, 2015

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, 2015 and April 30, 2014:

	January 31, 2015		April 30, 2014
Costs incurred on uncompleted contracts	$	26,256,693	$	14,457,907
Estimated contract earnings		5,426,254		3,291,077
		31,682,947		17,748,984
Less: Billings to date		33,186,367		18,766,199
Total	$	(1,503,420)	$	(1,017,215)
Costs and estimated earnings in excess of billings on uncompleted contracts	$	340,097	$	431,348
Billings in excess of cost and estimated earnings on uncompleted contracts		1,843,517		1,448,563
Total	$	(1,503,420)	$	(1,017,215)