AFN Company produces plastic that is used for injection-moulding applications such as gears for small motors. In 2020, the first year of operations, AFN Company produced 4,300 tonnes of plastic and sold 3,010 tonnes. In 2021, the production and sales results were exactly reversed. In each year, the selling price per tonne was $2,100; variable manufacturing costs were 16% of the sales price for the units produced; variable selling expenses were 8% of the selling price of the units sold, fixed manufacturing costs were $3,010,000; and fixed administrative expenses were $550,400. (a) Prepare comparative income statements for each year using variable costing. (Use the format from Illustration 8.5.) AFN COMPANY Income Statement-Variable Costing For the Years Ended December 31 2020 2021 Number of units manufactured 4300 3010 4300 Number of units sold 3010 Sales $ 6321000 5 9030000