Bereza Inc. $("$Bereza$")$ is a company that manufactures and sells a single product, ChickZee, a $1kg$ bag of ground chick$-$pea flour. The product is used as a gluten$-$free alternative to wheat flour and is sold widely across Canadian grocery stores. For planning and control purposes the company utilizes a monthly master budget, which is developed in advance of the budget year. Their fiscal year end is August $31.$

The sales forecast consisted of these few lines:

For the year ended August $31,2024$: $580,000$ units at $$20\mathrm{.}00$ each$*$

For the year ended August $31,2025$: $600,000$ units at $$21\mathrm{.}00$ each

For the year ended August $31,2026$ : $630,000$ units at $$22\mathrm{.}00$ each

$*$Sales for the year ended August $31,2024$ are based on actual sales to date and budgeted sales for the duration of the year.

A listing of the estimated balances in the company's ledger accounts as of August $31,2024$ is given below:

$\backslash$table$[[$Cash$,$$$30,985,$Accounts payable,$232,464],[$Accounts receivable,$266,800,$Loan,$120,000],[$Inventory$-$raw materials,$113,400,$Income tax payable,$60,000],[$Inventory$-$finished goods,$165,375,$Capital stock,$2,500,000$