Ann: Reinstatement Update, page-175

Why would the expenses come down as the inventory gets bigger? Why do they have over six months sales in inventory at 31st December? Why did they start with $564,000 in July, spend $436,000 on production costs as per the half year cash flows, only sell $371,000 of stock (for $304,000!) and still only have $356,000 remaining at 31st Dec? The numbers, literally, don’t add up. Need some audited accounts. Due end of next month.