Note 5. Contracts in Process

Contracts in process at June 30, 2020 and 2019 are as follows:

Included in costs relating to contracts in process at June 30, 2020 and 2019 are costs of $1,716,176 and $2,740,804, respectively, relative to contracts that may not be completed within the ensuing year. Under the units-of-delivery method, the related sale and cost of sales will not be reflected in the statements of comprehensive income until the units under contract are shipped.