Note 4 - Contracts in Progress

12 Months Ended

Nov. 30, 2015

Long-term Contracts or Programs Disclosure [Text Block]

(4)	Contracts in Progress

Amounts included in the consolidated financial statements related to uncompleted contracts are as follows:

The amounts billed on these long term contracts are due 30 days from invoice date. All amounts billed are expected to be collected within the next 12 months. Retainage was $27,951 and $8,048 as of November 30, 2015 and 2014, respectively.

	Cost and Profit in			Billings in Excess of
	Excess of Billings			Costs and Profit
November 30, 2015
Costs	$	233,544		$	695,915
Estimated earnings		75,822			227,442
		309,366			923,357
Less: amounts billed		(102,694	)		(1,010,215	)
	$	206,672		$	(86,858	)

November 30, 2014
Costs	$	14,724		$	623,670
Estimated earnings		4,819			204,114
		19,543			827,784
Less: amounts billed		(2,000	)		(924,166	)
	$	17,543		$	(96,382	)