Bruce is the sole shareholder of Big$-$Ltd$.$ which has a fiscal year end of December ${31}^{st}$ initial all the shares of Small$-$Ltd$.$ in $2021$ for $$500,000.$ Bruce has decided to $20$f Income Tax Act$)$ wind$-$up of Small$-$Ltd$,$ into Big$-$Ltd$.$ on September $01,2023.$

Bruce's accountant has prepared the following balance sheet for Small$-$Ltd$,$ as of August $31,2023.$ The Fair Market Value $($FMV$)$ of the assets on both August $31,2023$ and the date of acquisition in $2021$ are presented in the following table:

$\backslash$table$[[,\backslash$table$[[$Balance Sheet$],[$Aug $31,2023]],\backslash$table$[[$Aug $31,2023]],\backslash$table$[[2021]]],[\backslash$table$[[$Shares in a Public$],[$Corporations$],[$Acrution$]],\backslash$table$[[$$