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OKLAWAHA FARMS , INC . <br /> SCHEDULE I - CONTRACTS IN PROCESS <br /> December 31 , 2002 Sawgrass <br /> progress billings to date $1 , 155 , 059 .00 <br /> Remaining to be billed $623 , 941 . 00 <br /> Estimated contract amount $ 1 ,779 , 000 . 00 <br /> Direct costs incurred to date $7381154 . 00 <br /> Estimated additional direct $511 , 846 . 00 <br /> costs $ 1 , 333 ,421 .70 <br /> Revenue earned to date <br /> Total estimated direct costs $ 1 , 250 , 000 . 00 <br /> Estimated gross profit $ 5299000 . 00 <br /> Earnings recognized to date $396 , 503 .70 <br /> Percentage of completion 74 . 95 % <br /> Y Costs and estimated earnings $20 , 401 .70 <br /> in excess of billings <br /> Billings in excess of costs $0 . 00 <br /> and earnings <br /> Prior to January 1 , 2002: <br /> Revenue earned $93 , 132 .79 <br /> Cost of revenues $65 , 439 . 00 <br /> Gross profit (loss) $27 , 693 .79 <br /> Year ended December 31 , 2002: <br /> Revenue earned $ 11240 ,288 . 91 <br /> Cost of revenues $672 ,715 . 00 <br /> 7 Gross profit (loss) $ 567 , 573 . 91 <br /> See accompanying Accountant's Review <br /> Report and the notes to the financial statements . <br /> FA123kiata\0k1awahawip02-2 <br />