CONTRACT PRICE 296,000 2018 COSTS TO DATE 52,500 2018 ESTIMATED REMAINING COSTS 97,500 2018 BILLINGS TO DATE 105,000 2018 COLLECTIONS TO DATE 102,000 2019 COSTS TO DATE 127.200 2019 ESTIMATED REMAINING COSTS 31,800 2019 BILLINGS TO DATE 240,000 2019 COLLECTIONS TO DATE 233,000 2020 COSTS TO DATE 155,000 2020 BILLINGS TO DATE 296,000 2020 COLLECTIONS TO DATE 296,000 2018 GROSS PROFIT: CONTRACT PRICE COSTS TO DATE ESTIMATED REMAINING COSTS ESTIMATED PROFIT PERCENTAGE COMPLETION TO DATE GROSS PROFIT RECOGNIZED IN 2018 296,000 52,500 97,500 150,000 146,000 35.00% - 51,100 CONSTRUCTION IN PROGRESS. 52,500 MATERIALS, PAYABLES, CASH, ETC. 52,500 ACCOUNTS RECEIVABLE 105,000 BILLINGS ON CONSTRUCTION IN PROGRESS 105,000 CASH 102,000 ACCOUNTS RECEIVABLE 102,000 CONSTRUCTION IN PROGRESS 51,100 CONSTRUCTION EXPENSES 52,500 REVENUES FROM LT CONTRACTS 103,600 2019 GROSS PROFIT: CONTRACT PRICE COSTS TO DATE ESTIMATED REMAINING COSTS ESTIMATED PROFIT PERCENTAGE COMPLETION TO DATE TOTAL GROSS PROFIT LESS GROSS PROFIT RECOGNIZED IN 2018 GROSS PROFIT RECOGNIZED IN 2019 296,000 127,200 31,800 159,000 137,000 80.00% 109,600 (51,100) 58,500 CONSTRUCTION IN PROGRESS 74,700 MATERIALS, PAYABLES, CASH, ETC 74,700 ACCOUNTS RECEIVABLE 135,000 BILLINGS ON CONSTRUCTION IN PROGRESS 135,000 CASH 131,000 ACCOUNTS RECEIVABLE 131,000 CONSTRUCTION IN PROGRESS 58,500 CONSTRUCTION EXPENSES 74,700 REVENUES FROM LT CONTRACTS 133,200 2020 GROSS PROFIT: CONTRACT PRICE COSTS TO DATE ESTIMATED REMAINING COSTS ESTIMATED PROFIT PERCENTAGE COMPLETION TO DATE TOTAL GROSS PROFIT LESS GROSS PROFIT RECOGNIZED IN 2018 & 2019 GROSS PROFIT RECOGNIZED IN 2020 296,000 155,000 155,000 141,000 100.00% 141,000 (109,600) 31,400 CONSTRUCTION IN PROGRESS 27,800 MATERIALS, PAYABLES, CASH, ETC 27,800 ACCOUNTS RECEIVABLE 56,000 BILLINGS ON CONSTRUCTION IN PROGRESS 56,000 CASH 63,000 ACCOUNTS RECEIVABLE 63,000 CONSTRUCTION IN PROGRESS 31,400 CONSTRUCTION EXPENSES 27,800 REVENUES FROM LT CONTRACTS 59,200 BILLINGS ON CONSTRUCTION IN PROGRESS CONSTRUCTION IN PROGRESS 296,000 296,000