Compare the cash and accrual methods of accounting for the following events:

A. Purchased new equipment, paying $50,000 cash and giving a not payable for $30,000 due next year.

B. Paid $3,600 for a three-year service contract on the new equipment.

C. Colleted $1,800 for services to be provided over the current and following years.

D. Received a $3,000 note from a customer for services provided in the current year. The market value of the note was only $2,400.

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?