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2. ACCOUNTSRECEIVABLE- TRADE <br /> Contract receivables: <br /> Billed December 31, 2009 <br /> Completed contracts $3,895.896 <br /> Contracts in progress 1.653357 <br /> • <br /> Retained 1.231.854 <br /> S 6.781.107 <br /> 3. COSTS AND ESTI:IIATEI)EARNINGS ON UNCOMPLETED CONTRACTS <br /> Costs,estimated earnings,and billings on uncompleted contracts are <br /> summarized as follows: <br /> Job costs expensed on uncompleted contracts 5 4,306,913 <br /> Estimated earnings 1329.788 <br /> 5,636,701 <br /> Less: Billings to date (7,586,072) <br /> 5(1.949.371) <br /> Included in accompanying balance sheet under the following captions: <br /> Costs and estimated earnings in excess of <br /> billings on uncompleted contracts S 269.450 <br /> Billings in excess of costs and estimated <br /> earnings on uncompleted contracts (2.218,521) <br /> (1.949371) <br /> .. 7 - <br />