4. Short Answer - A fellow accounting graduate just got a job with a small corporation. This person has been asked to prepare an income statement for the firm, but has been getting mixed messaging as to whether you should use variable costing or absorption costing. 1. Which income statement would you recommend they prepare? 2. The company is looking at budgeting for next year - which will be the first year in which they expect to break even. Again they could calculate the breakeven point for either variable costing or for absorption costing. Which would you recommend