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i <br /> r <br /> L. A. TANNER CONSTRUCTION CORPORATION <br /> r NOTES TO FINANCIAL STATEMENTS <br /> For the five month period ended May 31 , 2006 <br /> NOTE C - COSTS AND ESTIMATED EARNINGS ON UNCOMPLETED CONTRACTS <br /> Costs, estimated earnings, and billings on uncompleted contracts are summarized as follows : <br /> i <br /> Costs incurred on uncompleted contracts $ 7 897 <br /> i Estimated earnings 2021 <br /> 9,918 <br /> i Billings to date 0 <br /> $ 9,918 <br /> Included in the accompanying balance sheet under the following captions : <br /> r Costs and estimated earnings in excess of billings on uncompleted <br /> contracts $ 9,918 <br /> i <br /> Billings in excess of costs and estimated earnings on uncompleted <br /> contracts <br /> 0 <br /> i <br /> $ 9 , 918 <br /> " NOTE D - CONTRACT RECEIVABLES <br /> r <br /> Contract receivables as of May 31 , 2006 are as follows : <br /> Completed contracts <br /> i 4- 101 $ 65 , II1 <br /> 5 - 103 <br /> 5 30,432 <br /> - 140 <br /> ] 42 ,675 <br /> 5- 146 <br /> 7, 537 <br /> 6- ] 17 <br /> 64l <br /> $ 246 ,396 <br /> i <br /> i <br />