sales, Letourneau Inc., a public company following IFRS, implemented a customer loyalty program that rewards a customer with one loyalty point for every $$30$ of merchandise purchased. Each point is redeemable for a $$2\mathrm{.}50$ discount on any purchases of Letourneau merchandise in the next three years. After the program launched, during $2023,$ customers bought merchandise for $$300,000($all products are sold to provide a $35\%$ gross profit$)$ and earned $10,000$ points redeemable for future purchases. The stand$-$alone selling price of the merchandise sold is $$300,000.$ Based on prior experience with incentive programs like this, Letourneau expects $7,500$ points to be redeemed related to these sales.