Costs and Estimated Earnings in Excess of Billings (Tables)

3 Months Ended

Dec. 31, 2021

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Costs and Estimated Earnings in Excess of Billings

Costs and estimated earnings in excess of billings on uncompleted contracts as of December 31, 2021 and September 30, 2021 consist of the following:

	December 31, 2021		September 30, 2021
Costs incurred on uncompleted contracts	$	17,429,000	$	11,483,000
Estimated earnings		6,380,000		4,395,000
		23,809,000		15,878,000
Billings to date		22,584,000		13,975,000
Costs and estimated earnings in excess of billings	$	1,225,000	$	1,903,000