2.2 Man City Enterprises commenced operations on 1 January 2022, and produces a single product that sells for R36 per unit. During 2022, 300 000 units of the product were manufactured of which 240 000 units were sold. There was no work-inprocess inventory at the end of the year. All costs are presented in the table below: Cost type Fixed Variable Direct materials - R6.00 per unit produced Direct labour - R4.00 per unit produced Factory overhead R600 000 R2.00 per unit produced Marketing and administrative R300 000 R1.00 per unit sold Required

: Prepare the income statement using the Marginal Costing method for the year ended 31 December 2022. (10)