The following details of transactions and balances were extracted from the records of Grootfontein Textile Limited a manufacturing company as at 31 December 2020. Balances Inventory of finished goods (01/01/2020 Inventory of raw material (01/01/2020) Work in progress (01/01/2020) 1 000 000 140 000 50 000 Transactions Raw material purchases Freight on raw materials Freight on sales Returns on raw material 900 000 50 000 72 984 30 000 Wages Municipal utilities Depreciation: Machinery 1 600 000 200 000 45 000 15 000 Furniture Maintenance- Machinery Insurance (factory only) 36 590 55 334 300 000 Rent Balances 340 000 Units Inventory of finished goods (31/12/2020) Inventory of raw materials (31/12/2020) Work in progress (31/12/2020) 139 000 75 424 8. An account of N$ 37 334 was received on 03 January 2021 for municipal utilities. 9. Provision for unrealized profit in finished goods as at 31 December 2020 should still be provisioned for. 10. The company's financial year end is 31 December. You are required to: 1. Prepare the manufacturing cost statement of Grootfontein manufacturing limited as at 31 December 2020. (27 marks) 2. Prepare the following ledger account: 2.1 Raw materials (6 marks) 2.2 Work-in-progress (6 marks)